1)Compute the cost per unit of the fixed manufacturing overhead and the fixed selling and administrative expenses.

2) Compute the desired ROI per unit. (Round answers to 0 decimal places.)

3) Compute the target selling price.

Question 1 Gibbs Corporation produces industrial robots for high-precision manufacturing. The following information is given for Gibbs Corporation. Per Unit Total Direct materials $420 $300 $ 76 Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $1,602,300 $ 57 $ 559,170 The company has a desired ROI of 22%. It has invested assets of $53,955,000. It anticipates production of 3,270 units per year