Question: Current Attempt in Progress X Your answer is incorrect. Sheridan Company has gathered the following information for one model of its hiking boots: Variable manufacturing

Current Attempt in Progress X Your answer is incorrect. Sheridan Company has gathered the following information for one model of its hiking boots: Variable manufacturing costs $44000 Variable selling and administrative costs $22000 Fixed manufacturing costs $120000 Fixed selling and administrative costs $80000 Investment $1400000 ROI 30 % Planned production and sales 10000 pairs What is the target selling price per pair of boots? $48.60 O $68.60 $62.00 O $58.40

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