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Sunland Company has gathered the following information concerning one model of shoe: Variable manufacturing costs 30,000 Variable selling and administrative costs 30,000 Fixed manufacturing costs
Sunland Company has gathered the following information concerning one model of shoe:
Variable manufacturing costs 30,000
Variable selling and administrative costs 30,000
Fixed manufacturing costs 160,000
fixed selling and adminitrative costs 120,000
investment 170,000
ROI 30%
planned production and sales 5000 pairs
What is the target selling price per pair of shoes
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