Remo company and angelo inc are separate companies that

Assignment Help Accounting Basics

Reference no: EM13482282

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	$	325,000	$	325,000
Less: Variable cost		200,000		125,000

Contribution margin	$	125,000	$	200,000
Less: Fixed cost		50,000		125,000

Net operating income	$	75,000	$	75,000

Calculate the break-even sales revenue for each company. (Round your "Contribution Margin Ratio Percentage" to 2 decimal places and final answers to 2 decimal places.

Break-Even Sales Revenue

(Remo Co.):(Angelo Inc.):

Reference no: EM13482282

Questions Cloud

The following information is available for the first month : the following information is available for the first month of operations of url inc a manufacturer of art and craft

Why are audit objectives important in planning and : why are audit objectives important in planning and performing an audit? explain the differences between transaction

For both fifo and lifo calculate the sum of ending : boarders sells a snowboard xpert that is popular with snow board enthusiasts. below is information relating to

In the first half of the year 4120000 was collected for the : washington county assumed the responsibility of collecting property taxes for all governments within its boundaries. in

Remo company and angelo inc are separate companies that : remo company and angelo inc. are separate companies that operate in the same industry. following are variable costing

Addison inc made a 20000 sale on account with the following : addison inc. made a 20000 sale on account with the following terms 210 n30. if the company uses the net method to

Prepare the sales revenues section of the income statement : the adjusted trial balance of zambrana company shows the following data pertaining to sales at the end of its fiscal

On the basis of the cash forecast write a brief report : a company is negotiating with the bank for a 200000 90 day12 loan effective july 1 of the current year. if the

Adani inc sells goods to geo company for 11000 on january 2 : adani inc. sells goods to geo company for 11000 on january 2 2012 with payment due in 12 months. the fair value of the

User Account

All Pages