Weygandt, Financial &Managerial Accounting,2e PRINTER VERSION BACK Problem 20-6A (Part Level Submission) Bonita Beauty Corporation manufactures cosmetic products that are sold through a network of sales agents. The agents ane paid a commission of 20% of sales. The income statement for the year ending December 31, 2017, is as follows. DONITA BEAUTY CORPORATION For the Year Ended December 31, 2017 70,600,000 Cost of goods sold Variable Flxed Gross margin $28,946,000 8,820,000 37,766000 32,834,000 Selling and marketing expenses Commissions Fixed costs 14,120,000 30,780,000 24,900,00 Operating income 7,934,000 The company is considering hiring its ewn sales staff to replace the network of agents. It wa sev ts salespeople acommissin ofannor additional fixed costs of $8,472,000 (a) Ebur answer is Under the current policy cf using network of sales agents, dastate the Bonta Beovey Corporation's bwatevea polet deian trma mar 2017. (Round intermediate calculations to 2 decimal places e9. 10.25 and final ansers to o secimal pausng zarej 025641e 4 ro 44 FA 0