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Concord Corporation has gathered the following information concerning one model of shoe: Variable manufacturing costs $48000 Variable selling and administrative costs $20000 Fixed manufacturing costs

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Concord Corporation has gathered the following information concerning one model of shoe: Variable manufacturing costs $48000 Variable selling and administrative costs $20000 Fixed manufacturing costs $160000 Fixed selling and administrative costs $120000 Investment $1700000 ROI 30% Planned production and sales 6000 pairs What is the target selling price per pair of shoes? O $120 O $143 O $132 O $96

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