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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 20%. 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 20%. It has invested assets of $61,975,000. It anticipates production of 3,350 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
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