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Question - Halwings Company Ltd who manufactures and retails products A, B and C employ sixty direct workers who work under a group of bonus scheme. The company engages three grades of workers who are paid a bonus of the excess of time allowed over time taken. The bonus paid is 75% of the workers' base rate and is shared by the workers in proportion to the time spent on the work. The following production data has been extracted from the company's records for April 2000.
Product
Units produced
Time allowed per unit
A
320
63
B
640
120
C
1200
100
Grade of worker
Number of direct workers
Base rate per hour (sh)
Hours worked per worker
1
20
30
2
8
27
64
3
32
24
50
Required -
a) Compute the percentage of hours saved to hours taken.
b) Compute the bonus due to the group.
c) Compute the gross earnings due to the group.
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