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 $ 335,000 $ 335,000 Less: Variable cost 225,000 135,000 Contribution margin $ 110,000 $ 200,000 Less: Fixed cost 40,000 130,000 Net operating income $ 70,000 $ 70,000 Required: Calculate each companys degree of operating leverage