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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: 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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