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Custom Shoes Co -What Is the Total Cost Per Pair of Shoes?
A)$40

question 55

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Custom Shoes Co.has gathered the following information concerning one model of shoe:  Variable manufacturing costs $40,000 Variable selling and administrative costs $20,000 Fixed manufacturing costs $160,000 Fixed selling and administrative costs $120,000 Investment $1,700,000 ROl 30% Planned production and sales 5,000 pairs \begin{array} { l l } \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 total cost per pair of shoes?


Definitions:

Predict

The act of forecasting future events or behaviors based on current or past data.

Construct's Range

Construct's range refers to the spectrum or extent of phenomena that a theoretical concept or psychological construct can explain or cover.

Relevance

The quality or state of being closely connected or appropriate to the matter at hand, often used in discussions of information, research findings, or arguments.

Needs

Fundamental requirements or necessities for physical and psychological well-being, such as food, shelter, esteem, and belonging.

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