Homework: Chapter 1 Homework Question 1, Problem 3 Part 1 of 3 > HW Score: 0%, 0 of 1 point O Points: 0 of 1 Save White Tiger Electronics produces CD players using an automated assembly line process. The standard cost of CD players is $148 per unit (labor, $29; materials, $73; and overhead, $46). The sales price is $300 per unit. a. To achieve a 13 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.)