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Exercise 8-20 (Part Level Submission) Gibbs Corporation produces industrial robots for high-precision manufacturing. The following information is given for Gibbs Corporation. Total Per Unit $420 $320 $ 73 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses 61 Fixed selling and administrative expenses $1,512,000 $324,000 The company has a desired ROI of 23%. It has invested assets of $53,070,000. It anticipates production of 2,700 units per year