[;ease advise CoursHeroTranscribedText: Kearney, Inc_, makes kitchen tools. Company management believes that a new model...

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Accounting

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CoursHeroTranscribedText: Kearney, Inc_, makes kitchen tools. Company management believes that a new model of coffee grinder would sell well at a price of $66. The company estimates unit materials costs to be $16 for the model, and overhead costs would average $18 per unit. The local wage rate for direct labor is $28 per hour. Kearney has a goal of earning an operating prot of 20 percent of manufacturing costs for each of its products. Required: What direct labor-hour input (hours per unit] could Kearney allow and still achieve its profit goal? {Round your answer to 2 decimal place 5.} 0 Answer is complete but not entirelyr correct. muo

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