Short Bakers makes baked goods for catered events and for sale at local grocery stores....

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Accounting

Short Bakers makes baked goods for catered events and for sale at local grocery stores. The owner of Short Bakers belleves
that a new type of breakfast pastry would sell well for a price of $9 per dozen. Short estimates unit materlals costs to be
$4.25 for the pastry, and overhead costs would average $0.55 per dozen. The local wage rate for direct labor is $18 per
hour. Short has a goal of earning an operating profit of 20 percent of production costs for each of its products.
Required:
What direct labor-hour Input (hours per dozen) could Short Bakers allow for the new pastry and still achleve its profit goal?
(Do not round Intermedlate calculations. Round your answer to 2 decimal places.)
Answer is complete but not entirely correct.
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