Question
A manufacturing company pays Rs.60/- per hour for a worker and the expected output per hour is 10 units. An incentive is paid for
A manufacturing company pays Rs.60/- per hour for a worker and the expected output per hour is 10 units. An incentive is paid for additional units at Rs.8/- per unit. If a worker produced 82 units within 7 hours of work, his incentive would be: (1) Rs.72/-. (2) Rs.420/-. (3) Rs.516/-. (4) Rs.96/-
Step by Step Solution
3.50 Rating (157 Votes )
There are 3 Steps involved in it
Step: 1
Additional units for incentives is 82 710 ...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get StartedRecommended Textbook for
Managerial Economics
Authors: Mark Hirschey
12th edition
9780324584844, 324588860, 324584849, 978-0324588866
Students also viewed these Accounting questions
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
View Answer in SolutionInn App