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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

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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 their different cost structures: Remo Co. Angelo Inc. $400,000 $400,000 260,000 180,000 $140,000 $220,000 40,000 120,000 $100,000 $100,000 Sales revenue Less: Variable cost Contribution margin Less: Fixed cost Net operating income 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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