ON BACK ! NEXT Exercise M-7 (Part Level Submission) Gibbs Corporation produces industrial robots for high-precision manufacturing. The following information is given for Gibbs Corporation Per Unit $420 $300 $ 76 Total Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead variable selling and administrative expenses Fixed selling and administrative expenses $1,602,300 57 s 559,170 The company has a desired ROI of 22%, it has invested assets of $54,103,636. It anticipates production of 3,270 units per year. Your answer is correct. Compute the cost per unit of the fixed manufactuning overhead and t expenses. 490 -171 per unit Fixed selling and administrative expenses click it you would like to Show work for this guestion: open Show SHOW SOLUTEON/ SHOW