Question: 8 ( ! ) Required information [ The following information applies to the questions displayed below. ] Part 3 of 4 Raner, Harris and Chan

8
(!)
Required information
[The following information applies to the questions displayed below.]
Part 3 of 4
Raner, Harris and Chan is a consulting firm specializing in information systems for medical and dental clinics. The firm has two offices-one in Chicago and one in Minneapolis. It 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:
10
points
Skipped
\table[[,Total Company,],[,$ 468,000,100.00%,$ 156,],[Sales,$ 234,000,50.00%,46,8],[Variable expenses,234,000,50.00%,109],[Contribution margin,131,040,28.00%,81,],[Traceable fixed expenses,102,960,22.00%,$ 28],[Office segment margin,102,960,,],[Common fixed expenses not trace,65,520,14.00%,],[Net operating income,$ 37,440,8.00%,]]
Assume sales in Chicago increase by $52,000 next year and sales in Minneapolis and all fixed costs remain unchanged.
a. Prepare a new segmented income statement for the company.
Note: 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.)
8 ( ! ) Required information [ The following

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