Raccoon Life Apparel’s women’s apparel line will end 2025 wi…
Raccoon Life Apparel’s women’s apparel line will end 2025 with $304.5 million in sales. It anticipates a 1.8% growth in 2026 to $310 million in sales.• The industry average for the sales force cost as a percentage of total sales is 6%.• The company’s sales budget is divided into management (16%), field sales (82%), and support staff (2%).• The average salesperson costs this company $85,000 (including salary, bonus, commission, and benefits).They currently have 180 salespeople. If three (3) salespeople leave by the end of the year (i.e., the sales force will be reduced to 177), do they have enough salespeople to cover the market in 2026, or do they need to hire? If they need to hire, how many should they hire?