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Mary's Boutique employs three salespeople, generates annual sales of $1.5 million and a contribution margin of 20%. Each sales person costs $25,000 per year. How
Mary's Boutique employs three salespeople, generates annual sales of $1.5 million and a contribution margin of 20%. Each sales person costs $25,000 per year. How much would sales have to increase for Mary to break even on hiring an additional salesperson?
- A. $150,000
- B. $50,000
- C. $125,000
- D. $160,000
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