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: Sales revenue Less: Variable cost Contribution margin Less: Fixed cost Net operating income Remo Company $ 295,000 198,000 $ 97,000 40,000 $ 57,000 Break-Even Sales Revenue Required: 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 Incorporated $ 295,000 132,000 $ 163,000 106,000 $ 57,000 Remo Company Angelo Incorporated

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Pricing

Pricing is used as a term in finance and economics, pricing is the process of fixing a value for a product or a service. Pricing establishes a value for a product or service that the customer has to pay. A business can choose from different strategies while deciding to set prices.