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100 percent bonus plan. J. Martin, employed by the Beach City Canning Company submitted the following labor data for the first week in June:
100 percent bonus plan. J. Martin, employed by the Beach City Canning Company submitted the following labor data for the first week in June: Monday..... Tuesday. Wednesday.. Thursday..... Friday......... Units Hours 270 8 230 8 300 8 240 8 260 8 Required: Prepare a schedule showing Martin's weekly earnings, the effective hourly rate, and the labor cost per unit, assuming a 100 percent bonus plan with a base wage of $9 per hour and a standard production rate of 30 units per hour. (Round off the bonus percentage to two decimal places.)
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