White Tiger Electronics produces CD players using an automated assembly line process. The standard cost of CD players is $155 per unit (labor, $31; materials, $73; and overhead, $51 ). The sales price is $300 per unit. 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.) Key_Equations: Productivity =InputOutput