Solved: Custom shoes co has gathered the following information, Managerial Accounting

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Custom shoes co has gathered the following information

Custom Shoes Co. has gathered the following information concerning one model of shoe:Variable manufacturing costs $50,000
Variable selling and administrative costs $25,000
Fixed manufacturing costs $200,000
Fixed selling and administrative costs $150,000
Investment $2,125,000
ROI 30%
Planned production and sales 5,000 pairs

Questions
1) What is the total cost per pair of shoes?
2) What is the desired ROI per pair of shoes.

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Managerial Accounting: Custom shoes co has gathered the following information

Reference No:- TGS0774002

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Managerial Accounting: Custom shoes co has gathered the following information

Reference No:- TGS0774002

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