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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
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: Sales revenue Less: Variable cost Contribution margin Less: Fixed cost Net operating income Remo Company $ 275,000 200,000 $ 75,000 35,000 $ 40,000 Break-Even Sales Revenue Angelo Incorporated $ 275,000 125,000 Required: Calculate the break-even sales revenue for each company. Note: Round your "Contribu on Margin Ratio" percentage to 2 decimal places (i.e. 0.1524 = 15.24%) and final answers to 2 decimal places. Remo Company $ 150,000 110,000 $ 40,000 Angelo Incorporated I
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