Question
Crane Company has gathered the following information concerning one model of shoe: Variable manufacturing costs $40000 Variable selling and $25000 administrative costs Fixed manufacturing
Crane Company has gathered the following information concerning one model of shoe: Variable manufacturing costs $40000 Variable selling and $25000 administrative costs Fixed manufacturing costs $160000 Fixed selling and administrative $120000 costs Investment $1700000 ROI 30% Planned production and sales 5000 pairs What is the target selling price per pair of shoes? $158 $171 $115 $142
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
10th edition
978-0133052312
