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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
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: Angelo Remo Co. Inc. Sales revenue $355,000 $355,000 Less: Variable cost 260.000 160,800 Contribution margin $ 95,000 $195,000 Less: Fixed cost 50,000 150,000 Net operating income $ 45,000 $45,000 Required: Calculate the break-even sales revenue for each company. (Round your "Contribution Margin Ratio" percentage to 2 decimal places (l.e. 1524-15.24%) and final answers to 2 decimal places.) Romo Co. 186,915.89 $ Angelo Inc. 273,074.82 Break-Even Sales Revenue
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