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Marigold Corp. has gathered the following information concerning one model of shoe: Variable manufacturing costs $32000 Variable selling and administrative costs $24000 Fixed manufacturing costs

Marigold Corp. has gathered the following information concerning one model of shoe:

Variable manufacturing costs $32000
Variable selling and administrative costs $24000
Fixed manufacturing costs $160000
Fixed selling and administrative costs $120000
Investment $1600000
ROI 30%
Planned production and sales 4000 pairs

What is the total cost per pair of shoes?

a) $197

b) $120

c) $48

d) $84

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