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Sheridan Company has gathered the following information concerning one model of shoe: Variable manufacturing costs $30000 $12000 Variable selling and administrative costs Fixed manufacturing costs

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Sheridan Company has gathered the following information concerning one model of shoe: Variable manufacturing costs $30000 $12000 Variable selling and administrative costs Fixed manufacturing costs Fixed selling and administrative costs $160000 $120000 Investment $1700000 ROI 30% Planned production and sales 4000 pairs What is the target selling price per pair of shoes? O $175 O $208 O $138 O $198

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