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Gibbs Corporation produces industrial robots for high-precision manufacturing. The following information is given for Gibbs Corporation Per Unit $420 $320 $ 73 Total Direct materials
Gibbs Corporation produces industrial robots for high-precision manufacturing. The following information is given for Gibbs Corporation Per Unit $420 $320 $ 73 Total Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $1,814,800 $60 $ 561,890 The company has a desired ROI of 21%. It has invested assets of $61,424,000. It anticipates production of 3,490 units per year (a) Your answer is correct Compute the cost per unit of the tixed manufacturing overhead and the fixed selling and administrative expenses Fixed manufacturing overhead Fixed selling and administrative expenses Click if you would like to Show Work for this question: Open Show Work Collapse question part 520 per unit 161 per unit SHOW SOLUTION SHOW ANSWER LINK TO TEXT VIDEO: SIMILAR EXERCISE Compute the desired ROI per unit. (Round answer to 0 decimal places, e.g. 125.) ROI per unit Click if you would like to Show Work for this question: Open Show Work
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