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

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YU. 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 Minneapol Sales $ 463,500 1001 $ 154,5001008 $ 309,000 1005 Variable expenser 201,750 505 46,350 300 185,400 608 Contribution margin 231,750 SON 100, 150 700 123,600 408 Traceable fixed expenses 129,780 80,340 528 49,440 168 office segment margin 101,970 228 $ 27,810 188 $ 74,160 240 Common fixed expenses not traceable to offices 64,890 141 Net operating income $ 37,080 89 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 f the Chicago and Minneapolis break-even points? Complete this question by entering your answers in the tabs below. Show less

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