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 1 (70.43 KiB) Viewed 16 times

E6-15 (Algo) Calculating Break-Even Point with Different Cost Structures [LO 6-1, 6-4] 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: 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.