Concord Corporation has gathered the following information concerning one model of shoe: Variable manufacturing costs $30000 Variable selling and administrative costs $14000 Fixed manufacturing costs $160000 Fixed selling and administrative costs $120000 Investment $1700000 ROI 50% Planned production and sales 5000 pairs What is the desired ROI per pair of shoes? A.$169 B. $65 C. $170 D. $167
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