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Multiple Choice Question 45 Sheridan Company has gathered the following information concerning one model of shoe: Variable manufacturing costs$50000Variable selling and administrative costs$30000Fixed manufacturing costs$160000Fixed

Multiple Choice Question 45

Sheridan Company has gathered the following information concerning one model of shoe:

Variable manufacturing costs$50000Variable selling and administrative costs$30000Fixed manufacturing costs$160000Fixed selling and administrative costs$120000Investment$1700000ROI30%Planned production and sales5000 pairs

What is the desired ROI per pair of shoes?

$102

$72

$167

$174

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