How to achieve multifactor productivity improvement

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Reference no: EM131900239

Question: White Tiger Electronics produces CD players using an automated assembly line process. The standard cost of CD players is $148 per unit? (labor, $25; materials, $68; and overhead, $55). 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 nothing percent. (Enter your response as a percent rounded to two decimal places.

Reference no: EM131900239

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