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Business, 30.10.2019 00:31 lexybellx3

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: officetotal company chicago minneapolissales $ 637,500 100.0% $ 127,500 100% $ 510,000 100%variable expenses 344,250 54.0% 38,250 30% 306,000 60%contribution margin 293,250 46.0% 89,250 70% 204,000 40%traceable fixed expenses 142,800 22.4% 66,300 52% 76,500 15%office segment margin 150,450 23.6% $22,950 18% $127,500 25%common fixed expenses not traceable to offices 102,000 16.0% net operating income $48,450 7.6% 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-b. compute the break-even point for the chicago office and for the minneapolis office. (round "cm ratio" to 2 decimal places and final answer to the nearest whole dollar amount.)break-even pointchicago office minneapolis office

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