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Gibbs Corporation produces industrial robots for high-precision manufacturing. The following information is given for Gibbs Corporation Total Direct materials Direct labor Variable manufacturing overhead Fixed

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Gibbs Corporation produces industrial robots for high-precision manufacturing. The following information is given for Gibbs Corporation Total Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses Per Unit $390 $350 $ 75 $1,953,000 $ 58 $ 461,900 The company has a desired ROI of 20%. It has invested assets of $57,040,000. It anticipates production of 3,100 units per vear 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 per unit per unit LINK TO TEXT VIDEO: SIMILAR EXERCISE Compute the desired ROI per unit ROI per unit LINK TO TEXT VIDEO: SORTLAR EXERCISE Compute the target selling price. Target selling price Click If you would like to show Work for this question: Open Show Work

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