Question: White Tiger Electronics produces CD players using an automated assembly line process. The standard cost of CD players is $148 per unit (labor $27; materials

White Tiger Electronics produces CD players using an automated assembly line process. The standard cost of CD players is $148 per unit (labor $27; materials $75; and overhead $46). The sales price is $325 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.)

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