Milo Determines That His Company Spent $15,000 to Hire Three

Multiple Choice

Milo determines that his company spent $15,000 to hire three new programmers through employee referrals and another $75,000 to hire five new programmers through a private employment agency. Which statement is correct about these recruiting efforts?

A) The cost per hire for the employment agency was lower, at $9,375 per hire.
B) The cost per hire for the employment agency was lower, at $15,000 per hire.
C) The cost per hire for referrals was lower, at $15,000.
D) The cost per hire for referrals was lower, at $45,000.
E) The cost per hire for referrals was lower, at $5,000 per hire.