The following cost information pertains to the new CD: CD package and disc (direct material and labor): $2.50/CD Songwriters royalties: $0.70/CD Recording Artists royalties: $2.00/CD Advertising & promotion: $380,000 Sony Records Inc,s Overhead: $300,000 Selling price to CD Distributor: $10.00 3) By what percent does this change in sales represent?

A. 25.36%

B. 15.32%

C. 79.17%

D. 15.63%

E. None of the above