From the following information, you are required to calculate the bonus and earnings under Emersons effi ciency
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From the following information, you are required to calculate the bonus and earnings under Emerson’s effi ciency bonus plan:
Standard output in 10 hours: 50 units.
Actual output in 10 hours: 40 units.
Time rate: Re. 0.80 per hour.
If the actual output is 60 units, what will be the amount of bonus and earnings?
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