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Standard time 8 hours Standard output 8 units Wage rate per hour 5 Units produced 5, 6, 7, 8 and 10 The premium table is

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Standard time 8 hours Standard output 8 units Wage rate per hour 5 Units produced 5, 6, 7, 8 and 10 The premium table is as under : Efficiency % Premium % 67-70 5 71-80 7 81-90 10 91-99 15 100 20 Determine wage payment as per Emerson plan and wage cost per unit

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