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:

Sales revenue Less: Variable cost Contribution margin Less: Fixed cost Net operating income Remo Co. $ 460,000 298,00 $ 162,eee 30, $132,000 Angelo Inc. $460,000 299,00 $251, eee 119,00 $132,000 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.) * Answer is complete but not entirely correct. Remo Co. Angelo Inc. Break-Even Sales Revenue $ 1.23 $ 1.00 X