Carrasco Corporation has a contribution margin ratio of 40% and annual fixed costs of $600,000. The sales manager has proposed that one additional sales person be hired at a salary of $50,000 annually. How much would sales have to increase to justify hiring the additional sales person?
A) $50,000
B) $125,000
C) $100,000
D) $83,333
Correct Answer:
Verified
Q76: Bolognese Company's contribution margin income statement
Q77: During the most recent year, RDJ Company
Q78: Claire Corporation's contribution margin income statement
Q79: Hill Corporation's contribution margin income statement
Q80: What impact would an increase in
Q82: To calculate the weighted-average contribution margin, multiply
Q83: If unit sales prices, unit variable costs
Q84: Sunbucks Coffee sells three large coffees for
Q85: The Cycle Store sells bicycles, tricycles, and
Q86: Which of the following properly describes the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents