18. Custom Shoes Co. has gathered the following information concerning one model of shoe:

Variable manufacturing costs $40,000

Variable selling and administrative costs $20,000

Fixed manufacturing costs $160,000

Fixed selling and administrative costs $120,000

Investment $1,700,000

ROI 30%

Planned production and sales 5,000 pairs

What is the total cost per pair of shoes?

Group of answer choices

$68

$168

$96

$40