Question: White Tiger Electronics produces CD players using an automated assembly line process. The standard cost of CD players is $149 per unit (labor, $28; materials,
White Tiger Electronics produces CD players using an automated assembly line process. The standard cost of CD players is $149 per unit (labor, $28; materials, $72; and overhead, $49). The sales price is $325 per unit.
c. To achieve a 14 percent multifactor productivity improvement by reducing overhead costs only, one needs to reduce the overhead cost by _____ percent. (Enter your response as a percent rounded to two decimal places.)

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