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undefined Remo Company and Angelo Inc. are separate companies that operate in the same industry. Following are variable costing income statements for the two companies
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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 Angelo Remo Co. Inc. $420,000 $420,000 273,000 180,000 $147,000 $240,000 50,000 143,000 $ 97,000 $ 97,000 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.) Remo Co. Angelo Inc. Break-Even Sales RevenueStep by Step Solution
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