Requlred Information [The following Information applies to the questions displayed below.] Raner, Harris & Chan Is a consulting firm that speclalizes In Information systems for medical and dental...


Requlred Information<br>[The following Information applies to the questions displayed below.]<br>Raner, Harris & Chan Is a consulting firm that speclalizes In Information systems for medical and dental clinics. The firm has<br>two offices-one In Chicago and one In Minneapolls. The firm classifies the direct costs of consulting Jobs as varlable<br>costs. A contribution format segmented Income statement for the company's most recent year is glven:<br>Office<br>Minneapolis<br>$ 420, e00<br>252,000<br>168,e00<br>63, e00<br>$ 105,e00<br>Total Company<br>Sales<br>variable expenses<br>Contribution margin<br>Traceable fixed expenses<br>Chicago<br>$ 185,e00<br>31,500<br>73,500<br>54,600<br>$ 525,e00<br>100.e%<br>1ee%<br>100%<br>283,500<br>54.e%<br>30%<br>6e%<br>241,500<br>117,600<br>123,9ee<br>46.0%<br>70%<br>40%<br>22.4%<br>52%<br>15%<br>Office segment margin<br>23.6%<br>24<br>18,9ee<br>18%<br>25%<br>Common fixed expenses not traceable to offices<br>84, eee 16.0%<br>Net operating income<br>24<br>39,900<br>7.6%<br>Requlred:<br>1-a. Compute the companywlde break-even polnt In dollar sales.<br>1-b. Compute the break-even polnt for the Chicago office and for the Minneapolis office.<br>1-c. Is the companywide break-even polnt greater than, less than, or equal to the sum of the Chicago and Minneapolis break-even<br>polnts?<br>

Extracted text: Requlred Information [The following Information applies to the questions displayed below.] Raner, Harris & Chan Is a consulting firm that speclalizes In Information systems for medical and dental clinics. The firm has two offices-one In Chicago and one In Minneapolls. The firm classifies the direct costs of consulting Jobs as varlable costs. A contribution format segmented Income statement for the company's most recent year is glven: Office Minneapolis $ 420, e00 252,000 168,e00 63, e00 $ 105,e00 Total Company Sales variable expenses Contribution margin Traceable fixed expenses Chicago $ 185,e00 31,500 73,500 54,600 $ 525,e00 100.e% 1ee% 100% 283,500 54.e% 30% 6e% 241,500 117,600 123,9ee 46.0% 70% 40% 22.4% 52% 15% Office segment margin 23.6% 24 18,9ee 18% 25% Common fixed expenses not traceable to offices 84, eee 16.0% Net operating income 24 39,900 7.6% Requlred: 1-a. Compute the companywlde break-even polnt In dollar sales. 1-b. Compute the break-even polnt for the Chicago office and for the Minneapolis office. 1-c. Is the companywide break-even polnt greater than, less than, or equal to the sum of the Chicago and Minneapolis break-even polnts?

Jun 11, 2022
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