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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: Sales revenue Less: Variable cost Contribution margin Less: Fixed cost Net operating income Remo Co. $335,000 225,000 $110,000 40,000 $ 70,000 Angelo Inc. $335,000 135,000 $200,000 130,000 $ 70,000 Required: 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.) Remo Co. Angelo Inc. Break-Even Sales Revenue
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