In 2015,an Agricultural Company Introduced a New Cropping Process Which

Multiple Choice

In 2015,an agricultural company introduced a new cropping process which reduced the cost of growing some of its crops.If sales in 2014 and 2015 were steady at $25 million,but the gross margin increased from 2.3% to 3.4% between those years,by what amount was the cost of sales reduced?

A) $275,000
B) $325,000
C) $425,000
D) $575,000
E) $850,000