= Homework: Homework 1 Question 3, Problem 3 Part 2 of 3 HW Score: 42.86%, 3 of 7 points O Points: 0 of 1 O Save White Tiger Electronics produces CD players using an automated assembly line process. The standard cost of CD players is $148 per unit (labor, $32; materials, $69; and overhead, $47). The sales price is $300 per unit. a. To achieve a 14 percent multifactor productivity improvement by reducing materials costs only, one needs to reduce the materials cost by 28 percent. (Enter your response as a percent rounded to two decimal places.) b. To achieve a 14 percent multifactor productivity improvement by reducing labor costs only, one needs to reduce the labor cost by rounded to two decimal places.) percent. (Enter your response as a percent