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Bonita Industries has gathered the following information concerning one model of shoe: Variable manufacturing costs $ 31000 Variable selling and administrative costs $ 11000 Fixed

Bonita Industries has gathered the following information concerning one model of shoe: Variable manufacturing costs $ 31000 Variable selling and administrative costs $ 11000 Fixed manufacturing costs $ 160000 Fixed selling and administrative costs $ 120000 Investment $ 1700000 ROI 30% Planned production and sales 4000 pairs What is the target selling price per pair of shoes? $ 208 $ 138 $ 175 $ 198

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