Lore Co. produces two product lines. Prices/costs per unit follow Regular Plain Selling price 55 40 Direct material 16 12 Direct labor (20 perhr) 15 10 Variable overhead 12 8 Demand for Plain is 200 units and Regularis 300 units What portion of an hour does it take to produce one unit of Regular Hint if the labor rate is $20 per hour and they spend $15, how much of an hour was spent producing one unit? Give your answer in decimal form. Do not round Lore Co. produces two product lines. Prices/costs follow. Regular Plain Selling price 55 40 Direct material 16 12 Direct labor ($20 per hr) 15 10 Variable overhead 12 8 Demand for Plain is 200 units and Regular is 300 units What portion of an hour does it take to produce one unit of Plain? Give your answer in decimal form. Do not round. Plain Lore Co, produces two product lines, Prices/costs follow Regular Selling price Direct material Direct labor (20 per hr 15 Variable overhead 12 Demand for plan is 200 units and Repitar is 100 inte 16 12 10 Lore company should manufacture (Rep.dan/puan fist because it has the Thighsulowest per