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Sheridan Beauty Corporation manufactures cosmetic products that are sold through a network of sales agents. The agents are paid a commission of 18% of sales.

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Sheridan 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. SHERIDAN BEAUTY CORPORATION Income Statement For the Year Ended December 31, 2020 Sales $79.700,000 Cost of goods sold Variable $32,677,000 Fixed 8,500,000 41.177.000 Gross margin $38,523,000 Selling and marketing expenses Commissions $14,346,000 Fixed costs 10,060,700 24.406,700 Operating income $14,116,300 The company is considering hiring its own sales staff to replace the network of agents. It will pay its salespeople a commission of 9% and incur additional fixed costs of $7.173,000 (a) Under the current policy of using a network of sales agents, calculate the Sheridan Beauty Corporation's break even point in sales dollars for the year 2020, $7.173,000 (a) Under the current policy of using a network of sales agents, calculate the Sheridan Beauty Corporation's break-even point in sales dollars for the year 2020. Break-even points e Textbook and Media Attempts:0 of 15 used Save for Later The parts of this question must be completed in order. This part will be available when you complete the part above. (c1) The parts of this question must be completed in order. This part will be available when you complete the part above

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