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Chen Corporation produces industrial robots for high-precision manufacturing. The following information is given for Chen Corporation. Per Unit Total Direct materials $380 Direct labor $290
Chen Corporation produces industrial robots for high-precision manufacturing. The following information is given for Chen Corporation. Per Unit Total Direct materials $380 Direct labor $290 Variable manufacturing overhead $72 Fixed manufacturing overhead $1,800,000 Variable selling and administrative expenses $55 Fixed selling and administrative expenses $327,000 The company has a desired ROI of 20%. It has invested assets of $49,600,000. 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. (Round answers to 0 decimal places.) Fixed manufacturing overhead $ Fixed selling and administrative expenses $ Compute the desired ROI per unit. (Round answers to 0 decimal places.) $ Compute the target selling price. (Round answers to 0 decimal places. Use the rounded amounts from the previous questions when calculating the answer for this question.) $
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