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Marigold Corp. has gathered the following information concerning one model of shoe: Variable manufacturing costs $39000 Variable selling and administrative costs $25000 Fixed manufacturing costs
Marigold Corp. has gathered the following information concerning one model of shoe:
| Variable manufacturing costs | $39000 |
| Variable selling and administrative costs | $25000 |
| Fixed manufacturing costs | $160000 |
| Fixed selling and administrative costs | $120000 |
| Investment | $1700000 |
| ROI | 30% |
| Planned production and sales | 6000 pairs |
What is the desired ROI per pair of shoes?
|
| $57 |
|
| $85 |
|
| $159 |
|
| $140 |
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Accounting for Decision Making and Control
Authors: Jerold Zimmerman
8th edition
78025745, 978-0078025747
