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Concord Corporation has gathered the following information for one model of its hiking boots: Variable manufacturing costs $46000 Variable selling and administrative costs $23000


 

Concord Corporation has gathered the following information for one model of its hiking boots: Variable manufacturing costs $46000 Variable selling and administrative costs $23000 Fixed manufacturing costs $120000 Fixed selling and administrative costs $80000 Investment $1400000 ROI 40 % Planned production and sales 5000 pairs What is the target selling price per pair of boots?

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