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View Policies Show Attempt History Current Attempt in Progress Bonita Beauty Corporation manufactures cosmetic products that are sold through a network of sales agents. The
View Policies Show Attempt History 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 21% 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 $78.800.000 Cost of goods sold Variable $31,520,000 Fixed 8,650,000 40,170.000 Gross margin $38,630.000 Selling and marketing expenses Commissions $16.548.000 Fixed costs 10.970.900 27.518.900 Operating income $11,111,100 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 $8,668,000. (a) X Your answer is incorrect. 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 $ $ 58491176.5 e Textbook and Media Save for Later Attempts: 1 of 5 used Submit Answer ( (b) 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. (d) 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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