$20)$ Smoky Mountain Shoe Company has gathered the following information for one model of its hiking

boots:

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 boots?