Laser Impressions Inc. manufactures color laser printers. Model J20 presently sells for $525 and has a product cost of $420, as follows: provided the following cost-reduction ideas: 1. Purchase a plastic printer cover with snap-on assembly, rather than with screws. This will reduce the amount of direct labor by 9 minutes per unit. 2. Add an inspection step that will add six minutes per unit of direct labor but reduce the materials cost by $11 per unit. The direct labor rate is $34 per hour. per unit b. Determine the required cost reduction. Enter as a positive number. Round your final answer to two decimal places. per unit decimal places