What will be the total earnings

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Reference no: EM131160247

Question:

From the following information, calculate the earnings of the following workers under emerson's Efficiency Bonus plan.

Standard time for 100 units produced = 10 hours

Standard rate per hour = Rs

Actual hours worked by the workers for producing 100 units:

Workers	A	B	C	D	E	F	G
Actual Hrs	25	20	15	12.5	10	8.33	7.67

Bonus rates applicable for variant efficiency level are as follows:

Level of Efficiency Percent of Bonus

1. 67% to 75% 1%

2.76% to 85% 4%

3. 86 to 95% 10%

4. 96% to 100% 20%

If standard time for 100 units produced is 10 hrs, standard rate per hour =3, time taken to produce varies then what will be the total earnings along with bonus for every worker?

Reference no: EM131160247

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