Question 8 of 8 0.75/3 ili Current Attempt in Progress Bonita 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. $75,000,000 $31,500,000 8,610,000 Sales Cost of goods sold Variable Fixed Gross margin Selling and marketing expenses Commissions Fixed costs Operating income 40,110,000 $34,890,000 $13,500,000 10,260,000 23,760,000 $11,130,000 The company is considering hiring its own sales staff to replace the network of agents. It will pay its salespeople a commission of 8% and incur additional fixed costs of $7,500,000. (a) to search apter 19 Brief Exercise