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Gibbs Corporation produces industrial robots for high-precision manufacturing The following information is given fo Gibbs Corporation Per Unit $430 $340 $ 75 Total Direct materials
Gibbs Corporation produces industrial robots for high-precision manufacturing The following information is given fo Gibbs Corporation Per Unit $430 $340 $ 75 Total Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses 58 Fixed selling and administrative expenses $1,602,700 651,310 The company has a desired ROI of 18%. It has invested assets of $69,715,556. It anticipates production of 3,410 units per year 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 Compute the desired ROI per unit. (Round answer to 0 decimal places, e.g. 125.) ROI per unit Compute the target selling price. (Round answer to 0 decimal places, e.g. 125.) Target selling price
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