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Waterway Industries has gathered the following information concerning one model of shoe: Variable manufacturing costs $48000 Variable selling and administrative costs $20000 Fixed manufacturing costs

Waterway Industries has gathered the following information concerning one model of shoe:

Variable manufacturing costs $48000
Variable selling and administrative costs $20000
Fixed manufacturing costs $160000
Fixed selling and administrative costs $120000
Investment $1700000
ROI 30%
Planned production and sales 6000 pairs

What is the desired ROI per pair of shoes?

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