Waterway Industries has gathered the following information concerning one model of shoe: Variable manufacturing costs $48000...
Waterway Industries has gathered the following information
concerning one model of shoe:
| Variable manufacturing costs | $48000 |
| Variable selling and administrative costs | $20000 |
| Fixed manufacturing costs | $160000 |
| Fixed selling and administrative costs | $120000 |
| Investment | $1700000 |
| ROI | 30% |
| Planned production and sales | 6000 pairs |
What is the desired ROI per pair of shoes?
Homework Answers
Desires ROI PER unit = (Investment*ROI)/Total number of units
Hence the derired roi per pair of shoes will be
=( $1700000*30%)/6000
= $85 per pair of shoes
Answer the desired roi rer pair of shoes is $ 85
Add Answer to:
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rates.(Round answers to 2 decimal places, e.g.
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$...
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