Centaurus Limited (CL) is engaged in the business of manufacture and supply of leather jackets. Presently CL manufactures 30,000 jackets per month. Following information is available for the month of August 2022: Number of skilled workers Standard monthly hours per worker Standard hours per unit Normal wage rate per hour Overtime wage rate per hour Variable overhead rate per hour Rs. Rs. Rs. 350 200 3 150 250 120 In order to reduce the conversion cost, CL's management is evaluating the following two wage incentive plans: Option 1: Introduce a piece wage system at the rate of Rs. 500 per unit. This is expected to make workers 15% more efficient. Option 2: Introduce a bonus of Rs. 50 per unit if a unit is completed within 90% of the standard time. It is expected that after introduction of bonus, 70% units will be completed within 90% of the standard time. Required: Evaluate the above options and advise the most beneficial option.