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Gibbs Corporation produces industrial robots for high-precision manufacturing. The following information is given for Gibbs...

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Gibbs Corporation produces industrial robots for high-precision manufacturing. The following information is given for Gibbs Corporation Per Unit Total Direct materials $430 Direct labor $330 Variable manufacturing overhead $ 78 Fixed manufacturing overhead $1,982,400 Variable selling and administrative expenses $ 56 Fixed selling and administrative expenses $ 463,680 The company has a desired ROI of 19%. It has invested assets of $65,520,000. It anticipates production of 3,360 units per year. (a) Compute the cost per unit of the fixed manufacturing overhead and the fixed selling and administrative expenses

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