Maurice Tutor

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About Maurice Tutor

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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 398 Weeks Ago, 5 Days Ago
Questions Answered: 66690
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 08 May 2018 My Price 6.00

Raner, Harris & Chan

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: Office Total Company Chicago Minneapolis Sales $ 525,000 100.0 % $ 105,000 100 % $ 420,000 100 % Variable expenses 283,500 54.0 % 31,500 30 % 252,000 60 % Contribution margin 241,500 46.0 % 73,500 70 % 168,000 40 % Traceable fixed expenses 117,600 22.4 % 54,600 52 % 63,000 15 % Office segment margin 123,900 23.6 % $ 18,900 18 % $ 105,000 25 % Common fixed expenses not traceable to offices 84,000 16.0 % Net operating income $ 39,900 7.6 % 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?

Answers

Maurice Tutor
(5)
Status NEW Posted 08 May 2018 08:05 PM My Price 6.00

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