Remo Company and Angelo Inc. are separate companies that operate in the same industry.

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.		Angelo Inc.
Sales revenue	$	450,000	$	450,000
Less: Variable cost		280,000		215,000
Contribution margin	$	170,000	$	235,000
Less: Fixed cost		50,000		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 (i.e. .1524 = 15.24%) and final answers to 2 decimal places.)

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ekkarill92 answered 2 years ago

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