Remo Company and Angelo Incorporated 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 Company	Angelo Incorporated
Sales revenue	$ 325,000	$ 325,000
Less: Variable cost	215,000	145,000
Contribution margin	$ 110,000	$ 180,000
Less: Fixed cost	40,000	110,000
Net operating income	$ 70,000	$ 70,000

Required:

Calculate the break-even sales revenue for each company.

Note: Round your "Contribution Margin Ratio" percentage to 2 decimal places (i.e. 0.1524 = 15.24%) and final answers to 2 decimal places.

Remo Company and Angelo Incorporated 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 Company	Angelo Incorporated
Sales revenue	$ 325,000	$ 325,000
Less: Variable cost	215,000	145,000
Contribution margin	$ 110,000	$ 180,000
Less: Fixed cost	40,000	110,000
Net operating income	$ 70,000	$ 70,000

Required:

Calculate the break-even sales revenue for each company.

Note: Round your "Contribution Margin Ratio" percentage to 2 decimal places (i.e. 0.1524 = 15.24%) and final answers to 2 decimal places.

\begin{tabular}{|c|c|c|} \hline Break-Even Sales Revenue & Remo Company \\ \hline \end{tabular}