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What is the total cost per pair of shoes

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Reference no: EM131725049

Question - Swifty Corporation has gathered the following information concerning one model of shoe:

Variable manufacturing costs $50000

Variable selling and administrative costs $30000

Fixed manufacturing costs $160000

Fixed selling and administrative costs $120000

Investment $1700000

ROI 30% Planned production and sales 5000 pairs

What is the total cost per pair of shoes?

$42

$72

$167

$102

Reference no: EM131725049

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