chapter 21 lab #10

Sibbs Corporation produces industrial robots for high-precision manufacturing. The following information is given for Gibbs corporation. The company has a desired ROI of 20%. It has invested assets of $54,000,000. It anticipates production of 3,000 units per year. Compute the cost per unit of the fixed manufacturing overhead and the fixed selling and administrative expenses. Fixed manufacturing overhead per unit Fixed selling and administrative expenses perunit eTextbook and Media Compute the desired ROI per unit. Compute the desired ROI per unit. ROI Your answer is incorrect. Compute the target selling price. Target selling price $