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The following information applies to the questions displayed below) Raner, Harris, & Chan is a consulting firm that specializes in information systems for medical and

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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 below. Sales Variable expenses Total Company $ 525 000 100.0% 283 500 540% Office Chicago Minneapolis $ 105,000 100% $ 420,000 100% 31,500 30% 252.000 60% 241,500 117,600 460% 22.4% 73,500 54 600 70% 52% 168,000 63.000 40% 15% Contribution margin Traceable fixed expenses Office segment margin 123.900 236 $ 18,900 18% 25% $ 105,000 84,000 16 0% Common fixed expenses not traceable to offices Net operating income $ 39.900 76% Value 20.00 points Required: 1-a. Compute the companywide break even point in dollar sales (Round "CM ratio" to 2 decimal places the nearest whole dollar amount.) Required: 1-a Compute the companywide break-even point in dollar sales. (Round "CM ratio" to 2 decimal places and final answer to the nearest whole dollar amount.) Break even point in dollar sales 1-6 Compute the break-even point for the Chicago office and for the Minneapolis office. (Round "CM ratio" to 2 decimal places and final answers to the nearest whole dollar amount.) Break-even Point Chicago office Minneapolis office 1-C. Is the companywide break-even point greater than less than or equal to the sum of the Chicago and Minneapolis break-even points? O Greater than O Less than O Equal to

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