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Coronado Industries has gathered the following Information concerning one model of shoe: Variable manufacturing costs $40,000 Variable selling and administrative costs $20,000 Fixed manufacturing costs
Coronado Industries has gathered the following Information concerning one model of shoe: Variable manufacturing costs $40,000 Variable selling and administrative costs $20,000 Fixed manufacturing costs $160,000 Fixed selling and administrative costs $120,000 Investment $1,800,000 ROI 20% Planned production and sales 4,000 pairs What is the desired ROI per pair of shoes? $85 $90 $223 $193
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