Question: 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
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: Angelo Hero Co. Inc. Sales revenue $450,000 $450,00 Less Variable cost 200, 215,000 Contribution margin $170,000 $235,000 Less Fixed cost se, 115,000 Net operating Income $120,000 $120,000 Required: Calculate the break-even sales revenue for each company (Round your "Contribution Margin Ratio" percentage to 2 decimal places (1.e. 1524 = 15.24%) and final answers to 2 decimal places.) Remo Co. Angelo Inc. Break Even Sales Revenue
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