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kindly fill out the answers Check my work 3 Klyne Corporation manufactures pharmaceutical products 10 that are sold through a network of sales agents. The

kindly fill out the answers

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Check my work 3 Klyne Corporation manufactures pharmaceutical products 10 that are sold through a network of sales agents. The points agents are paid a commission of 18% of sales. The income statement for the year ending December 31, 2020, is as follows: eBook KLYNE CORPORATION Print Income Statement For the Year Ending December 31, 2020 Sales $ 33, 500, 000 n Cost of goods sold References Variable $20, 100, 000 Fixed 2, 632, 000 22, 732, 000 Gross margin 10, 768, 000 Selling and marketing expenses Commissions 6,030, 000 Fixed costs 1,945, 000 7,975, 000 Operating income 2,793,000 Klyne is considering hiring its own sales staff to replace the network of agents. Klyne will pay its salespeople a commission of 15% and incur fixed costs of $2,095,000. Required: 1. Calculate Klyne Corporation's break-even point in sales dollars for the year 2020. (Round your answer to 2 decimal places.) Break-even point References 2. Calculate Klyne Corporation's break-even point in sales dollars for the year 2020 if the company had hired its own sales force to replace the network of agents. (Round your answer to 2 decimal places.) Break-even point 3. Calculate the degree of operating leverage at sales of $33,500,000, considering (a) Klyne uses sales agents and (b) Klyne employs its own staff. Describe the advantages and disadvantages of each alternative. (Round your answers to 2 decimal places.) Degree of Operating Leverage Using sales agent Employing own sales staff 4. If Klyne increases the commission paid to its sales staff to 20%, keeping all other costs the same, how much revenue (in dollars) would Klyne have to generate to earn the same operating income it did in 2020? (Round your answer to 2 decimal places.) Revenue (in dollars)

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