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White Tiger Electronics produces CD players using an automated assembly line process. The standard cost of CD players is $143 per unit (labor, $28; materials, $69; and overhead, $46). The sales price is $275 per unit. a. To achieve a 15 percent multifactor productivity improvement by reducing materials costs only, one needs to reduce the materials cost by as a percent rounded to two decimal places.) b. To achieve a 15 percent multifactor productivity improvement by reducing labor costs only, one needs to reduce the labor cost by percent rounded to two decimal places.) percent. (Enter your response percent. (Enter your response as a c. To achieve a 15 percent multifactor productivity improvement by reducing overhead costs only, one needs to reduce the overhead cost by as a percent rounded to two decimal places.) percent. (Enter your response

White Tiger Electronics produces CD players using an automated assembly line process. The standard cost of CD players is $143 per unit (labor, $28; materials, $69; and overhead, $46). The sales price is $275 per unit. a. To achieve a 15 percent multifactor productivity improvement by reducing materials costs only, one needs to reduce the materials cost by as a percent rounded to two decimal places.) b. To achieve a 15 percent multifactor productivity improvement by reducing labor costs only, one needs to reduce the labor cost by percent rounded to two decimal places.) percent. (Enter your response percent. (Enter your response as a c. To achieve a 15 percent multifactor productivity improvement by reducing overhead costs only, one needs to reduce the overhead cost by as a percent rounded to two decimal places.) percent. (Enter your response

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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White Tiger Electronics produces CD players using an automated assembly line process. The standard cost of CD players is $143 per unit (labor, $28; materials, $69; and overhead, $46). The sales price is $275 per unit. a. To achieve a 15 percent multifactor productivity improvement by reducing materials costs only, one needs to reduce the materials cost by as a percent rounded to two decimal places.) percent. (Enter your response b. To achieve a 15 percent multifactor productivity improvement by reducing labor costs only, one needs to reduce the labor cost by percent. (Enter your response as a percent rounded to two decimal places.) c. To achieve a 15 percent multifactor productivity improvement by reducing overhead costs only, one needs to reduce the overhead cost by as a percent rounded to two decimal places.) percent. (Enter your response
Transcribed Image Text:White Tiger Electronics produces CD players using an automated assembly line process. The standard cost of CD players is $143 per unit (labor, $28; materials, $69; and overhead, $46). The sales price is $275 per unit. a. To achieve a 15 percent multifactor productivity improvement by reducing materials costs only, one needs to reduce the materials cost by as a percent rounded to two decimal places.) percent. (Enter your response b. To achieve a 15 percent multifactor productivity improvement by reducing labor costs only, one needs to reduce the labor cost by percent. (Enter your response as a percent rounded to two decimal places.) c. To achieve a 15 percent multifactor productivity improvement by reducing overhead costs only, one needs to reduce the overhead cost by as a percent rounded to two decimal places.) percent. (Enter your response
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