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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: Sales revenue Less: Variable cost Contribution margin Less: Fixed cost Net operating income Remo Co. $275,000 200,000 $ 75,000 35,000 $ 40,000 Angelo Inc. $ 275,000 125,000 $ 150,000 110,000 $ 40,000 Required: Calculate each company's degree of operating leverage. (Round your answers to 3 decimal places.) Remo Co Angelo Inc Degree of Operating Leverage

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