Under a premium bonus scheme, workers received a guaranteed basic hourly minimum rate of pay plus a bonus of 50% of the time saved. No payment is paid beyond the time allowed but the bonus which is paid at the basic hourly rate is applicable to the accepted output only. No penalty is imposed on rejected output. The following details are available for the month of January 2003
|
Worker
|
A
|
B
|
C
|
|
Time allowed per unit (hrs)
|
¼
|
1/6
|
½
|
|
Units produced
|
474
|
684
|
175
|
|
Units rejected
|
54
|
84
|
25
|
|
Time taken (hrs)
|
78
|
72
|
80
|
|
Basic Pay per hour (Kshs)
|
6
|
6
|
3
|
|
|
|
|
Required
From the above information calculate for each employee
Bonus hours and amount of bonus paid
Gross wages earned
Labour cost for each good unit sold