Multiple Choice Question 45 Sheridan Company Has Gathered The Following Informat (1)
Multiple Choice Question 45
Sheridan Company has gathered the following information concerning one model of shoe:
Variable manufacturing costs$50000Variable selling and administrative costs$30000Fixed manufacturing costs$160000Fixed selling and administrative costs$120000Investment$1700000ROI30%Planned production and sales5000 pairs
What is the desired ROI per pair of shoes?
$102
$72
$167
$174