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Best's Manufacturing's standard production for assembly operation X-15 is 20 units per hour.

For the first week in May, a worker's record shows the following: Required: Compute the employee's earnings under each of the following conditions. Carry all computation to three decimal places. i) An incentive plan is used with a guaranteed rate of $9 per hour and a premium of 60% of the time saved on production in excess of standard for each day. ii) A piecework plan with rates of $0.40 per unit below standard, $0.48 at standard and up above standard. Each day is computed independently. iii) A 100-percent bonus plan is used with a base rate of $9 per hour. The bonus is computed based on total production for the week. Units Hours Monday 140 8 Tuesday 160 8 Wednesday 175 8 Thursday 180 8 Friday 200 8

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