Bramble Corp. has gathered the following information concerning one model of shoe: Variable manufacturing costs $40000 Variable selling and administrative costs $20000 Fixed manufacturing costs $160000 Fixed selling and administrative costs $120000 Investment $1500000 ROI 30% Planned production and sales 5000 pairs What is the total cost per pair of shoes? $96 $148 $68 $40
Bramble Corp. has gathered the following information concerning one model of shoe: Variable manufacturing costs $40000 Variable selling and administrative costs $20000 Fixed manufacturing costs $160000 Fixed selling and administrative costs $120000 Investment $1500000 ROI 30% Planned production and sales 5000 pairs What is the total cost per pair of shoes? $96 $148 $68 $40
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Bramble Corp. has gathered the following information concerning one model of shoe:
What is the total cost per pair of shoes?
| Variable |
$40000 |
| Variable selling and administrative costs | $20000 |
| Fixed manufacturing costs | $160000 |
| Fixed selling and administrative costs | $120000 |
| Investment | $1500000 |
| 30% | |
| Planned production and sales | 5000 pairs |
What is the total cost per pair of shoes?
$96
$148
$68
$40
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