Swifty corporation has gathered the following information


Question - Swifty Corporation has gathered the following information concerning one model of shoe:

Variable manufacturing costs $50000

Variable selling and administrative costs $30000

Fixed manufacturing costs $160000

Fixed selling and administrative costs $120000

Investment $1700000

ROI 30% Planned production and sales 5000 pairs

What is the total cost per pair of shoes?

$42

$72

$167

$102

Solution Preview :

Prepared by a verified Expert
Accounting Basics: Swifty corporation has gathered the following information
Reference No:- TGS02520566

Now Priced at $25 (50% Discount)

Recommended (94%)

Rated (4.6/5)