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Problem 19-06A a-b, c, d (Video) Oriole Beauty Corporation manufactures cosmetic products that are sold through a network of sales agents. The agents are paid a commission of 18% of sales. The income statement for the year ending December 31, 2020, is as follows. ORIOLE BEAUTY CORPORATION Income Statement For the Year Ended December 31, 2020 Sales $70,700,000 Cost of goods sold Variable $28,280,000 Fixed 8,810,000 37,090,000 Gross margin $33,610,000 Selling and marketing expenses Commissions $12,726,000 Fixed costs 10,102,600 22,828,600 Operating income $10,781,400 The company is considering hiring its own sales staff to replace the network of gents. It will pay its salespeople a commission of 10% and incur additional fixed costs of $5,656,000. Under the current polley of using a network of sales agents, calculate the Oriole Beauty Corporation's break-even point in sales dollars for the year 2020. Break-even point LINK TO TEXT VIDEO SIMILAR PROBLEM Calculate the company's break-even point in sales dollars for the year 2020 if it hires its own sales force to replace the network of agents Break-even point LINK TO TEXT VIDEO SIMILAR PROBLEM Calculate the degree of operating leverage at sales of $70,700,000 if (1) Oriole Beauty uses sales agents, and (2) Oriole Beauty employs its own sales staff. (Round answers to 2 decimal places, e.g. 1.25.) Degree of operating leverage (1) Oriole Beauty uses sales agents (2) Oriole Beauty employs its own sales staff VIDEO: SIMILAR PROBLEM Calculate the estimated sales volume in sales dollars that would generate an identical net income for the year ending December 31, 2020, regardless of whether Oriole Beauty Corporation employs its own sales staff and pays them an 10% commission or continues to use the independent network of agents. Estimated sales volume 70700000 Click if you would like to show Work for this question: Open Show Work LINK TO TEXT VIDEO SIMILAR