Question: Whae Tiger Electronics produces CD players using an automated assembly ine process, The standard cost of CD players is $144 per unit (labor, $29; materials,

Whae Tiger Electronics produces CD players using
Whae Tiger Electronics produces CD players using an automated assembly ine process, The standard cost of CD players is $144 per unit (labor, $29; materials, $67; and overhead, $48). The sales price is 8300 per unit. a. To achieve a 14 percent multifactor productivity improvement by reducing malerials coss only, one needs to reduce the matenals cost by percent. (Enter your response as a percent rounded to tao decimal places) b. To achieve a 14 percent multifactor productivity improvement by reducing labor costs only, one neods to reduce the labor cost by percent. (Entor your rosponse as a percent reunded to hwo decimal places) decimal places.)

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