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Please address part C. ALL OTHER PARTS ARE CORRECT! Gibbs Corporation produces industrial robots for high-precision manufacturing. The following information is given for Gibbs Corporation

image text in transcribedimage text in transcribedPlease address part C. ALL OTHER PARTS ARE CORRECT!

Gibbs Corporation produces industrial robots for high-precision manufacturing. The following information is given for Gibbs Corporation Per Unit Total $390 $300 $73 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $1,395,000 $56 $337.900 The company has a desired ROI of 15%. It has invested assets of $74.400.000. It anticipates production of 3.100 units per year. (a) Your answer is correct Compute the cost per unit of the fixed manufacturing overhead and the fixed selling and administrative expenses. Fixed manufacturing overhead $ 450 per unit Fixed selling and administrative expenses GA 109 per unit

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