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Coronado Industries has gathered the following information concerning one model of shoe: Variable manufacturing costs $50000 Variable selling and administrative $36000 costs Fixed manufacturing
Coronado Industries has gathered the following information concerning one model of shoe: Variable manufacturing costs $50000 Variable selling and administrative $36000 costs Fixed manufacturing costs $160000 Fixed selling and administrative costs $120000 Investment $1500000 ROI 30% Planned production and sales 6000 pairs What is the total cost per pair of shoes? $35 $61 $87 $122
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