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Marigold Corp. has gathered the following information concerning one model of the shoe: Variable manufacturing costs $30000 Variable selling and administrative costs $18000 Fixed manufacturing
Marigold Corp. has gathered the following information concerning one model of the shoe:
| Variable manufacturing costs | $30000 |
| Variable selling and administrative costs | $18000 |
| Fixed manufacturing costs | $160000 |
| Fixed selling and administrative costs | $120000 |
| Investment | $1800000 |
| ROI | 20% |
| Planned production and sales | 4000 pairs |
What is the desired ROI per pair of shoes?
$172
$82
$90
$223
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The New Yellow Book Government Auditing Standards
Authors: Rebecca A. Meyer
1st Edition
1119784638, 978-1119784630
