You are the controller of Rugged Shoe Company. The company has excess snow boots in its inventory because of a mild winter season. A large retail store chain has offered to buy 10,000 pairs of these boots at a special price. The president of your company asks you to analyze the cost data for producing the boots and estimate a minimum selling price below which the order from the retail chain should not be accepted. Cost information for a pair of boots is as follows:

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