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ed 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
ed 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: Sales revenue Less: Variable cost Contribution margin Less: Fixed cost Net operating income Break-Even Sales Revenue Remo Company $ 325,000 200,000 $ 125,000 50,000 $ 75,000 Required: 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. $ Angelo Incorporated $325,000 125,000 $ 200,000 125,000 $ 75,000 Angelo Incorporated Remo Company 205,592.10 $ 121,891.76 X
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