White Tiger Electronics produces CD players using an automated assembly line process. The standard cost of CD players is ?$151 per unit? (labor, ?$31?;? materials, ?$66?; and? overhead, $54?). The sales price is ?$300 per unit.
a. To achieve a 14 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.)