Nanette works for Piroz and is paid a basic wage of $1,000 a week. Piroz operates...

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Nanette works for Piroz and is paid a basic wage of $1,000 a week. Piroz operates the following bonus scheme: (1) Each employee gets a bonus of $4 for every unit they produce in excess of 2,000 units for the week (2) If total production is more than 15% higher than the target production for that week an additional bonus of 8% of the basic wage for the week is paid to each employee In week 26 the target set by Piroz was 40,000 units and actual production was 39,200 units. Nanette produced 2,600 of these. What is Nanette's bonus for week 26? Nanette works for Piroz and is paid a basic wage of $1,000 a week. Piroz operates the following bonus scheme: (1) Each employee gets a bonus of $4 for every unit they produce in excess of 2,000 units for the week (2) If total production is more than 15% higher than the target production for that week an additional bonus of 8% of the basic wage for the week is paid to each employee In week 26 the target set by Piroz was 40,000 units and actual production was 39,200 units. Nanette produced 2,600 of these. What is Nanette's bonus for week 26?

Answer rating: 100% (QA)

To calculate Nanettes bonus for week 26 we need to consider the two parts of the bonus scheme 1 Bonu... View the full answer