Question: please answer with correct and detailed calculations and explanations. make sure supporting statements are also provided for each step and calculation. Remo Company and Angelo

please answer with correct and detailed calculations and explanations. make sure supporting statements are also provided for each step and calculation.

please answer with correct and detailed
Remo Company and Angelo Incorporated 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 Remo Company Incorporated Sales revenue $ 285, 000 $ 285, 000 Less: Variable cost 190, 090 128, 090 Contribution margin $ 95, 000 $ 157, 000 Less: Fixed cost 40, 000 102, 090 Net operating income $ 55, 000 $ 55, 000 Required: ces Calculate the break-even sales revenue for each company. Note: Round your "Contribution Margin Ratio" percentage to 2 decimal places (i.e. 0.1524 = 15.24%) and final answers to 2 decimal places. Angelo Remo Company Incorporated Break-Even Sales Revenue

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