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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
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 Inc. $275,000 $275,000 200,000 125,000 Remo Co. Sales revenue Less: Variable cost Contribution margin Less: Fixed cost Net operating income $75,000 $150,000 110,000 35,000 $ 40,000 40,000 Required Calculate each company's degree of operating leverage. (Round your answers to decimal places.) Remo Angelo Inc Co Degree of Operating Leverage
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