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. Sales revenue Less: Variable cost Contribution margin Lesst Fixed cost Het operating Income Angelo Remo Co Inc. $315,000 5315.000 225.000 140,000 5.90,000 $175,000 45,000 130.000 545.000 $ 45,000 Required: Calculate the break-even sales revenue for each company. (Round your "Contribution Margin Ratio" percentage to 2 decimal places lie. 1524-15.24%) and final answers to 2 decimal places.) Remo Co. Angelo Inc. Break Even Sales Revenue
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
