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Bramble Corp. has gathered the following information concerning one model of shoe: Variable manufacturing costs $50000 Variable selling and administrative costs $10000 Fixed manufacturing costs
Bramble Corp. has gathered the following information concerning one model of shoe:
| Variable manufacturing costs | $50000 |
| Variable selling and administrative costs | $10000 |
| Fixed manufacturing costs | $160000 |
| Fixed selling and administrative costs | $120000 |
| Investment | $1700000 |
| ROI | 30% |
| Planned production and sales | 5000 pairs |
What is the target selling price per pair of shoes?
|
| $144 |
|
| $158 |
|
| $170 |
|
| $114 |
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
