Question: White Tiger Electronics produces CD players using an automated assembly line process. The standard cost of CD players is $ 1 5 2 per unit

White Tiger Electronics produces CD players using an automated assembly line process. The standard cost of CD players is $152 per unit (labor, $29; materials, $75; and overhead, $48). The sales price is $300 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.)
 White Tiger Electronics produces CD players using an automated assembly line

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