Question: Required information SB Exercise 6-16 through Exercise 6-17 (Static) [The following information applies to the questions displayed below] Raner. Harris and Chan is a consulting
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Required information SB Exercise 6-16 through Exercise 6-17 (Static) [The following information applies to the questions displayed below] 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: Exercise 6-16 Part 3 (Static) Working with a Segmented Income Statement; Break-Even Analysis [LO6-4, [06-5] 3. Assume sales in Chicago increase by $50,000 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 percentage answers to 1 decimal place (i.e, 0.1234 should be entered as 12.3)
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