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target selling price Gibbs Corporation produces industrial robots for high-precision manufacturing. The following information is given for Gibbs Corporation. The company has a desired ROI
target selling price
Gibbs Corporation produces industrial robots for high-precision manufacturing. The following information is given for Gibbs Corporation. The company has a desired ROI of 20%. It has invested assets of $57,040,000. It anticipates production of 3,100 units per year. Compute the cost per unit of the fixed manufacturing overhead and the fixed selling and administrative expenses. Fixed manufacturing overhead $ per unit Fixed selling and administrative expenses $ per unit Compute the desired ROI per unit. Compute the target selling price. Target selling price $ Step by Step Solution
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