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point Part 1 of 3 Points: 0 of 1 White Tiger Electronics produces CD players using an automated assembly line process. The standard cost of

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Part 1 of 3
Points: 0 of 1
White Tiger Electronics produces CD players using an automated assembly line process. The standard cost of CD players is $149 per unit (labor, $27; materials, $68; and overhead, $54). The sales price is $275 per unit.
a. To achieve a 12 percent multifactor productivity improvement by reducing materials costs only, one needs to reduce the materials cost by percent. (Enter your response as a percent rounded to two decimal places.)
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