Use the Following Information for Questions
Custom Shoes Co -What Is the Target Selling Price Per Pair of Shoes

question 85

Multiple Choice

Use the following information for questions
Custom Shoes Co. has gathered the following information concerning one model of shoe: $\begin{array}{ll}\text { Variable manufacturing costs } & \$ 40,000 \\\text { Variable selling and administrative costs } & \$ 20,000 \\\text { Fixed manufacturing costs } & \$ 160,000 \\\text { Fixed selling and administrative costs } & \$ 120,000 \\\text { Investment } & \$ 1,700,000 \\\text { ROl } & 30 \% \\\text { Planned production and sales } & 5,000 \text { pairs }\end{array}$
-What is the target selling price per pair of shoes?

• A) $142
• B) $170
• C) $114
• D) $158

Evaluate the impact of fluctuating North American borders on the United States’ political, social, and cultural development.

Understand the concept of the Big Five personality traits and their significance.

Knowledge of various personality assessments and their specific uses.

Grasp the influence of genetics and environment on personality traits.

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Definitions:

Joint Venture

A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task or project.