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Remo Company and Angelo Inc. are separate companies that operate in the same industry. Following are variable costing in
Posted: Fri Jul 01, 2022 8:45 am
by answerhappygod
- Remo Company And Angelo Inc Are Separate Companies That Operate In The Same Industry Following Are Variable Costing In 1 (29.99 KiB) Viewed 46 times
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 each
company's degree of operating leverage. (Round your answers to 3 decimal places.) Degree of Operating Leverage Remo Co. Angelo Inc.