Q2 . Assume that you have started a business in Ibri . As you know labor cost is one of the major component of costs of a product or service . There are different methods followed to determine the labour cost in order to find total cost of a product or service , even to satisfy employees of a business . Required : Write a report as per the instructions given below

: a ) explain 1.Halsey Premium Plan , 2. Halsey Weir plan and 3. Rowan Bonus Plan briefly about them with suitable examples for your business and .