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Gibbs Corporation produces industrial robots for high-precision manufacturing. The following information is given for Gibbs Corporation. Total Per Unit $390 $300 $ 73 Direct materials
Gibbs Corporation produces industrial robots for high-precision manufacturing. The following information is given for Gibbs Corporation. Total Per Unit $390 $300 $ 73 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $1,395,000 $ 56 $ 337,900 The company has a desired ROI of 15%. It has invested assets of $74,400,000. It anticipates production of 3,100 units per year. (a) 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 $ per unit Compute the desired ROI per unit. ROI per unit $ LINK TO TEXT Compute the target selling price. Target selling price
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