[The following information applies to the questions displayed below.] Raner, Harris & Chan is a consulting firm that specializes in information systems for medical and dental clinics. The firm has two offices-one in Chicago and one in Minneapolis. The firm classifies the direct costs of consulting jobs as variable costs. A contribution format segmented income statement for the company's most recent year is given: Sales Variable expenses Contribution margin Traceable fixed expenses Office segment margin Common fixed expenses not traceable to offices Net operating income Chicago Office Minneapolis 180,000 60% $ 150,000 100% $300,000 100% 45,000 30% 105,000 70% 120,000 40% Total Company" $450,000 225,000 100% 50% 225,000 50% 126,000 28% 99,000 22% 63,000 14% 78,000 52% 18% $ 27,000 48,000 16% $ 72,000 24% $ 36,000 8% Req 1A Req 1B Req 1C Compute the companywide break-even point in dollar sales. (Round "CM ratio" to 2 decimal places.) Break-even point in dollar sales final answers to the nearest whole Break-even Point Chicago office Minneapolis office Is the companywide break-ever points? Greater than Less than Equal to