rougr commission of 22% of sales. The income statement for the year ending December 31, 2025, is as follows. PHAROAH BEAUTY CORPORATION Income Statement For the Year Ended December 31, 2025 Sales Cost of goods sold Variable Fixed Gross profit Selling and marketing expenses Commissions Fixed costs $30,760,000 8,580,000 $16,918,000 10,070,400 $76,900,000 39,340,000 $37.560,000 26,988,400 (a) ales agents. The agents are paid a (b) ✓ Your answer is correct. Under the current policy of using a network of sales agents, calculate the Pharoah Beauty Corporation's break-even point in sales dollars for the year 2025. Break-even point $ eTextbook and Media Break-even point Calculate the company's break-even point in sales dollars for the year 2025 if it hires its own sales force to replace the network of agents. Attempts: 1 of 2 user $

rougr commission of 22% of sales. The income statement for the year ending December 31, 2025, is as follows. PHAROAH BEAUTY CORPORATION Income Statement For the Year Ended December 31, 2025 Sales Cost of goods sold Variable Fixed Gross profit Selling and marketing expenses Commissions Fixed costs $30,760,000 8,580,000 $16,918,000 10,070,400 $76,900,000 39,340,000 $37.560,000 26,988,400 (a) ales agents. The agents are paid a (b) ✓ Your answer is correct. Under the current policy of using a network of sales agents, calculate the Pharoah Beauty Corporation's break-even point in sales dollars for the year 2025. Break-even point $ eTextbook and Media Break-even point Calculate the company's break-even point in sales dollars for the year 2025 if it hires its own sales force to replace the network of agents. Attempts: 1 of 2 user $

Name: Pharoah Beauty Corporation manufactures cosmetic products that are so
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Description: Pharoah Beauty Corporation manufactures cosmetic products that are sold through a network of sales agents. The agents are paid acommission of 22% of sales. The income statement for the year ending December 31, 2025, is as follows.PHAROAH BEAUTY CORP

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Sunland 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, 2022, is as follows. SUNLAND BEAUTY CORPORATIONIncome StatementFor the Year Ended December 31, 2022 Sales $71,200,000 Cost of goods sold Variable $30,616,000 Fixed 8,560,000 39,176,000 Gross profit $32,024,000 Selling and marketing expenses Commissions $14,952,000 Fixed costs 10,660,400 25,612,400 Operating income $6,411,600 The company is considering hiring its own sales staff to replace the network of agents. It will pay its salespeople a commission of 7% and incur additional fixed costs of $9,968,000. Calculate the company’s break-even point in sales dollars for the year 2022 if it hires its own sales force to replace the network of agents. Break-even…
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The CVP income statement for Blossom Machine Company for 2021 appears below. BLOSSOMMACHINE COMPANY Income Statement For the Year Ended December 31, 2021 Sales (42,000 units) $1,050,000 Variable expenses Contribution margin Fixed expenses Net income (loss) (b) Answer the following independent questions. (c) What was the company's break-even sales dollars in 2021? 735,000 Your answer is correct. eTextbook and Media 315,000 360,000 ($45,000) Break-even point in sales dollars $ Additional units Your answer is correct. How many additional units would the company have had to sell in 2022 to earn a net income of $45,000? eTextbook and Medial Number of units sold 1,200,000 12,000 Attempts: 3 of 5 used If the company reduces variable costs by $2.50 per unit in 2022 while other costs and unit revenues remain unchanged, how many units will the company have to sell to earn a net income of $45,000? (Round per unit value to 2 decimal places, e.g. 52.75. Final answer to O decimal places, e.g.…
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