Question 17 Sheridan Company has three product lines. Its only unprofitable line is Corn Nuts, the results of which appear below for 2013: Sales Variable expenses $1340000 860000 600000 $ (120000) Fixed expenses Net loss If this product line is eliminated, 30% of the fixed expenses can be eliminated. How much are the relevant costs in the decision to eliminate this product line? $1040000 O $1280000 O $180000 0 $1460000 Question 23 Marigold Corp. has gathered the following information concerning one model of shoe: Variable manufacturing costs Variable selling and administrative costs Fixed manufacturing costs Fixed selling and administrative costs $30000 $18000 $160000 $120000 $1800000 Investment ROI 20% Planned production and sales 4000 pairs What is the desired ROI per pair of shoes? O $223 O $90 O $190 O $82 Question 24 Waterway Industries has gathered the following information concerning one model of shoe: Variable manufacturing costs $35000 Variable selling and administrative costs $15000 Fixed manufacturing costs $160000 Fixed selling and administrative costs $120000 Investment $1700000 ROI 30% Planned production and sales 6000 pairs What is the target selling price per pair of shoes? O $140 O $93 O $118 $132