iv. What percentage of discount in the price of raw materials should be negotiated? Major Topic Investment Appraisal EV(1) Blooms Designation EV Score 2+2+2+1= 7 i. Time allowed ii. Time saved iii. Rate per hour iv. Basic wages b. A manufacturing enterprise remunerates its employees on an hourly rate basis with a bonus scheme 1/3 the time saved. Based on the data given below, you are required to calculate the renumeration of each of the five employees of the company. in each case show the following; (1 marks) (1marks) (1 marks) (1 marks) V. Bonus earnings (1 marks) vi. Total earnings (2 marks) Name of Employees peter Asase John Ibrahim Yoko Units produced 450 560 640 480 720 Time allowed (in minutes per unit) 20 15 12 18 10 Time taken (in hours) 126 104 110 146 90 Rates per unit based on Time allowed (GHC) 45 40 35 36 25 c. Using the above information, assuming the employee's income tax rate is 12.5% of total earnings find the pay for each employee. Major Topic Investment Appraisal Blooms Designation EV END OF QUESTION PAPER Score 1+1+1+1+1+2= 7 TOTAL=[20 MARKS]