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 costsonly, one needs to reduce the materials cost by nothing percent.(Enter your response as a percent rounded to two decimalplaces. B. To achieve a 12 percent multifactor productivity improvement by reducing labor costs only, one needs to reduce the materials cost by nothing percent. (Enter your response as a percent rounded to two decimal places. a. To achieve a 12 percent multifactor productivity improvement by reducing overhead costsonly, one needs to reduce the materials cost by nothing percent.(Enter your response as a percent rounded to two decimalplaces.)