E6-15 (Algo) Calculating Break-Even Point with Different Cost Structures [LO 6-1, 6-4] Remo Company and Angelo Inc. are
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E6-15 (Algo) Calculating Break-Even Point with Different Cost Structures [LO 6-1, 6-4] Remo Company and Angelo Inc. are
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: Remo Co. $420,000 273,000 $147,000 50,000 Net operating income $ 97,000 Sales revenue Less: Variable cost Contribution margin. Less: Fixed cost Angelo Inc. Break-Even Sales Revenue $420,000 180,000 $240,000 143,000 $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.
E6-15 (Algo) Calculating Break-Even Point with Different Cost Structures [LO 6-1, 6-4] Remo