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Sheffield Corp. has gathered the following information concerning one model of shoe: Variable manufacturing costs $45000 Variable selling and administrative costs $23000 Fixed manufacturing costs
Sheffield Corp. has gathered the following information concerning one model of shoe:
| Variable manufacturing costs | $45000 |
| Variable selling and administrative costs | $23000 |
| 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?
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The Edgerston Audit
Authors: Don Akenson
1st Edition
0802709915, 978-0802709912
