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1. Following information are given for an implementation of Scanlon plan. Sales during last year LKR 800,000 Sales during this year LKR 1000,000 Wages paid

1. Following information are given for an implementation of Scanlon plan. Sales during last year LKR 800,000 Sales during this year LKR 1000,000 Wages paid last year LKR 250,000 Wages paid this year LKR 260,000 12 Total no of employees Company sets aside 20% of the gainsharing bonus as reserves. 60% of the balance is distributed away the employees. Calculate the followings. a) Amount of gainsharing reserve b) Gainsharing bonus per employee

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