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E6-15 (Algo) Calculating Break-Even Point with Different Cost Structures [LO 6-1, 6-4] Remo Company and Angelo Incorporated are separate companies that operate in the
E6-15 (Algo) Calculating Break-Even Point with Different Cost Structures [LO 6-1, 6-4] Remo Company and Angelo Incorporated are separate companies that operate in the same industry. Following are variable costing income statements for the two companies showing their different cost structures: Remo Company Angelo Incorporated $305,000 130,000 $175,000 115,000 Sales revenue Less: Variable cost Contribution margin Less: Fixed cost Net operating incone Required: $ 305,000 209,000 $ 96,000 36,000 $ 60,000 $ 60,000 Calculate the break-even sales revenue for each company. Note: Round your "Contribution Margin Ratio" percentage to 2 decimal places (i.e. 0.1524 15.24%) and final answers to 2 decimal places. Remo Company Angelo Incorporated Break-Even Sales Revenue
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