For the Year Ended December 31, 2020 Sales $74,800,000 Cost of goods sold Variable $32,164,000 Fixed 8.970,000 41,134,000 Gross margin $33,666,000 Selling and marketing expenses Commissions $13,464,000 Fixed costs 10,791,300 24,255,300 Operating income $9.410,700 The company is considering hiring its own sales staff to replace the network of agents. It will pay its sal and incur additional fixed costs of $8,228,000. (a) Your answer is correct. Under the current policy of using a network of sales agents, calculate the Bonita Beauty Corporation's b dollars for the year 2020. Break-even point $ 50670000 Question 3 of 3 16.7/33.4 Calculate the company's break-even point in sales dollars for the year 2020 if it hires its own sales force to replace the networ of agents. Break-even point $ 55978600 eTextbook and Media Attempts: unlimite (c1) * Your answer is incorrect Calculate the degree of operating leverage at sales of $74,800,000 IF (1) Bonita Beauty uses sales agents, and (2) Bonita Beauty employs its own sales staff. (Round answers to 2 decimal places, e.g. 1.25.) Degree of operating leverage Bonita Beauty uses sales agents 3.01 (2) Bonita Beauty employs its own sales staff 3.86 e Textbook and Media - 10.791,300 Fixed costs Operating income 24,255,300 $9.410,700 Qu Acco The company is considering hiring its own sales staff to replace the network of agents. It will pay its salespeople a commission of 7% and incur additional fixed costs of $8,228,000 Que Acco (a) View 3 Accoun Your answer is correct Under the current policy of using a network of sales agents, calculate the Bonita Beauty Corporation's break-even point in sales dollars for the year 2020. Break-even points 50670000 eTextbook and Media Attempts: unlimited (6)