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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: Angelo Remo Co. Inc. Sales revenue $285,000 $285,000 Less: Variable 190,000 128,000 cost Contribution margin $ 95,000 $157,000 Less: Fixed 40,000 cost 102,000 Net operating $ 55,000 $ 55,000 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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