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Gibbs Corporation produces industrial robots for high-precision manufacturing. The following information is given for Gibbs Corporation Per Unit Total Direct materials $410 Direct labor $320
Gibbs Corporation produces industrial robots for high-precision manufacturing. The following information is given for Gibbs Corporation Per Unit Total Direct materials $410 Direct labor $320 $ 77 Variable manufacturing overhead Fixed manufacturing overhead $1,528,800 $ 60 Variable selling and administrative expenses Fixed selling and administrative expenses $ 633,360 The company has a desired ROI of 19%. It has invested assets of $60,216,000. It anticipates production of 3.120 units per year. (a) Compute the cost per unit of the fixed manufacturing overhead and the fixed selling and administrative expenses. Fixed manufacturing overhead s per unit Fixed selling and administrative expenses $ per unit
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