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ces E6-15 (Algo) Calculating Break-Even Point with Different Cost Structures [LO 6-1, 6-4] Remo Company and Angelo Inc. are separate companies that operate in the
ces E6-15 (Algo) Calculating Break-Even Point with Different Cost Structures [LO 6-1, 6-4] Remo Company and Angelo Inc. are separate companies that operate in the same industry. Following are variable costing income statements for the two companies showing their different cost structures: Sales revenue Less: Variable cost Contribution margin Less: Fixed cost Net operating income Required: Remo Co. $430,000 Angelo Inc. $430,000 299,000 190,000 $131,000 $240,000 25,000 $106,000 134,000 $106,000 Calculate the break-even sales revenue for each company. (Round your "Contribution Margin Ratio" percentage to 2 decimal places (i.e. .1524 15.24%) and final answers to 2 decimal places.) Break-Even Sales Revenue Remo Co. Angelo Inc
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