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What is the target selling price per pair of shoe

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Reference no: EM132702973

Petra Shoes Co. has gathered the following information concerning one model of shoe:

Variable manufacturing costs $50,000

Variable selling and administrative costs $35,000

Fixed manufacturing costs $150,000

Fixed selling and administrative costs $129,800

Investment $1,800,000

ROI 25%

Planned production and sales 6,000 pairs

Problem 1: What is the target selling price per pair of shoe

Reference no: EM132702973

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