Gibbs Corporation produces industrial robots for high precision manufacturing. The following information is given for...
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Gibbs Corporation produces industrial robots for high precision manufacturing. The following information is given for Gibbs Corporation Per Unit Total $380 $290 $ 72 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $1,500,000 $ 55 $ 324,000 The company has a desired ROI of 20%. It has invested assets of $54,000,000. It anticipates production of 3,000 units per year. Your answer is partially correct. Compute the cost per unit of the fixed manufacturing overhead and the fixed selling and administrative expenses. 50 Fixed manufacturing overhead per unit $ 108 Fixed selling and administrative expenses per unit 65F Sur
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