Question 11 of 11 View Policies Show Attempt History Current Attempt in Progress < 0.5/2 ! Bonita Beauty Corporation manufactures cosmetic products that are sold through a network of sales agents. The agents are paid a commission of 19% of sales. The income statement for the year ending December 31, 2020, is as follows. BONITA BEAUTY CORPORATION Income Statement For the Year Ended December 31, 2020 Sales $71,600,000 Cost of goods sold Variable $28,640.000 Fixed Gross margin Selling and marketing expenses Commissions Fixed costs Operating income 8.890,000 37,530,000 $34,070,000 $13,604,000 10,289,800 23,893,800 $10,176,200 The company is considering hiring its own sales staff to replace the network of agents. It will pay its salespeople a commission of 10% and incur additional fixed costs of $6,444,000. (a) 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 point $ 46780000 eTextbook and Media Attempts: 1 of 5 used