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This is all parts of the same problem please help thank you Required information [The following information applies to the questions displayed below] Raner, Harris

This is all parts of the same problem please help thank you
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Required information [The following information applies to the questions displayed below] Raner, Harris and 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: office Total Company Chicago Sales Minneapolis 100% $ 342,000 $ 513,000 $ 171,000 Variable expenses 256,500 Contribution margin 100% 50% 50% 28% 256,500 100% bet 51,300 70% 119,700 88,920 18% $ 30,780 205,200 60% 136,800 40% 54,720 16% Traceable fixed expenses 143,640 52% office segment margin 22% $ 82,080 24% Common fixed expenses not traceable to offices 112,860 71,820 14% 8% Net operating income $ 43,040 Required: 1-a Compute the companywide break-even point in dollar sales. 1-b. Compute the break-even point for the Chicago office and for the 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? Complete this question by entering your answers in the tabs below. Show less A Req 1A Req 18 Reg 10 Compute the companywide break even point in dollar sales. (Round "CM ratio" to 2 decimal places and final answer to the nearest whole number.) Break-even point in dollar sales 430,920 MA Req 18 > Required information [The following information applies to the questions displayed below] Raner, Harris and 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: office Total Company Chicago Hinneapolis 100% $ 342,000 Sales $ 513,000 $ 171,000 100% Variable expenses 60% 256,500 100% sex 50% 28% 40% Contribution margin 256,500 143,640 112,860 71,820 Traceable fixed expenses 30% 51,300 70% 119,700 88,920 52% $ 30,780 18% 205,200 136,800 54,720 16% 24% $82,080 office segment margin 22% 14X Common fixed expenses not traceable to offices Net operating income $ 41,040 8% ces 2. By how much would the company's net operating income increase if Minneapolis increased its sales by $85,500 per year? Assume no change in cost behavior patterns. Net operating income increase Required information [The following information applies to the questions displayed below] Raner, Harris and 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: Office Total Company Chicago Sales Variable expenses Contribution margin $ 171,000 100% 51,300 301 119,700 70% 88,920 52% $ 513,000 100% 256,500 50% 256,500 set 143,640 28% 112,860 22% 71,820 14% Minneapolis $ 342,000 100% 205,200 60% 136,800 40% 54,720 16% Traceable fixed expenses i office segment margin $ 30,780 18% $ 82,080 24X Common fixed expenses not traceable to offices Net operating income $ 41,040 EX 3. Assume that sales in Chicago increase by $57,000 next year and that sales in Minneapolis remain unchanged. Assume no change in fixed costs a. Prepare a new segmented income statement for the company. (Round your intermediate calculations and percentage answers to 1 decimal place (i.e. 0.1234 should be entered as 12.3 and other answers to the nearest whole dollar.)) Segments Chicago Total Company Amount Minneapolis Amount % Amount Sales Variable expenses Contribution margin 0 0 Traceable fixed expenses 0 Office segment margin 0 S 0.0 0.0 S 0.0 0 0 0.0 0.0 $ 0 0.0 00

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