Chapter 25 Homework (Application) Laser Cast Inc. manufactures color laser printers. Model 20 presently sell for $850 and has a product cost of $500, at Direct materias $370 Direct labor 100 Factory overhead 50 Total $520 It is estimated that the competitive selling price for colorier printers of this type will reto 5620 mest yow Laser Cast has established a target cost to maintain itsar percentage en groot Engineers have provided the following cost reduction 1. Purchase plastic printer cover with snap-on assembly, rather than with screws. This will reduce the amount of director by 9 minutes per unit 2. Add an inspection Mep that wild six minutes per unit of direct labor but reduce the materials cost by 513 per 3. Decrease the cycle time of the injection molding machine from four minutes to tre minutes per part. That percent of a direct labor and 42% of the factory overed are reied to runing recording machines The direct laborate is 142 per hour 2. Determine the target cost for Model 220, tuming that the historical markup on produit cost and making price are maintained. Round your first antworto es decina pace x per unit b. Determine the red con reduction Enter as a positive number Round your final two decal Xperunt cute the three mening improvements together to determine if the required cost reduction (1) can be achieve ter a mounts aspective rum. Do not found or calcune rout finanswer to two decimal places 1. Direct labor education Xpert 2. Aditional inspection Xpert 2. Tection moving productivity improvement Total saving Prow Check My Work 4 CM Xperunt X