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Crane Company has gathered the following information concerning one model of shoe: Variable manufacturing costs $60000 Variable selling and administrative costs $15000 Fixed manufacturing costs

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Crane Company has gathered the following information concerning one model of shoe: Variable manufacturing costs $60000 Variable selling and administrative costs $15000 Fixed manufacturing costs $160000 Fixed selling and administrative costs $120000 Investment $1705000 ROI 30% Planned production and sales 5000 pairs What is the total cost per pair of shoes? $44 $98 $169 $71

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