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Gibbs Corporation produces industrial robots for high-precision manufacturing. The following information is given for Gibbs Corporation. The company has a desired ROI of 22%. It
Gibbs Corporation produces industrial robots for high-precision manufacturing. The following information is given for Gibbs Corporation. The company has a desired ROI of 22%. It has invested assets of $54,103,636. It anticipates production of 3,270 units per year. Compute the cost per unit of the fixed manufacturing overhead and the fixed selling and administrative expenses. Fixed manufacturing overhead Fixed selling and administrative expenses Compute the desired ROI per unit. (Round answer to 0 decimal places, e.g. 125.) Compute the target selling price. (Round answer to 0 decimal places, e.g. 125.)
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