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Marigold Corp. has gathered the following information concerning one model of shoe: Variable manufacturing costs $36000 Variable selling and administrative costs $10000 Fixed manufacturing costs
Marigold Corp. has gathered the following information concerning one model of shoe:
| Variable manufacturing costs | $36000 |
| Variable selling and administrative costs | $10000 |
| Fixed manufacturing costs | $160000 |
| Fixed selling and administrative costs | $120000 |
| Investment | $1700000 |
| ROI | 30% |
| Planned production and sales | 4000 pairs |
What is the target selling price per pair of shoes?
|
| $177 |
|
| $209 |
|
| $139 |
|
| $198 |
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Management And Cost Accounting Student Manual Free Tracked Delivery
Authors: Colin Drury, Mike Tayles
1st Edition
9781473773622
