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Swifty Corporation has gathered the following information concerning model of shoe: Variable manufacturing costs $40000 Variable selling and administrative costs $20000 Fixed manufacturing costs
Swifty Corporation has gathered the following information concerning model of shoe: Variable manufacturing costs $40000 Variable selling and administrative costs $20000 Fixed manufacturing costs $160000 Fixed selling and administrative costs $120000 Investment $1800000 ROI 20% Planned production and sales 5000 pairs What is the desired ROI per pair of shoes? $68 $72 $178 O $140 Waterway Industries has gathered the following information concerning o 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? $93 $118 $132 $140 Click if you would like to Show Work for this question: Open Show Work
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