Question Three 5) What is the difference between individual incentive scheme and group incentive scheme? b) Mention two advantages of group incentive scheme c) Diva ltd provides you with the extracted details of two of its employees labour records as follows: Name of employee Units produced Standard time allowed per unit Actualtime worked Rate per hour Rate per unit Kokoma 90 mins 3 Share N200 N667 Belem SO 30min hes N250 NAS Required: Using the Halsey bonus scheme, determine the remuneration payment for each of the employees usin Time (day) rate system Piece rate Question Four From the following details of stores receipts and issues of material PPE is a manufacturing unit, prepare the Store Ledger using FIFO and Weighted Average Method of valuing the issues Nov. 1 Opening inventory 2,000 units @ 5.00 each Nov. 3. Issued 1.500 units to production Nov. 4. Received 4,500 units N6.00 each Nov. 8. Isted 1,600 units to production Nov. 16. Received 2,400 units N6.50 each Nov. 20. Received 1,000 units N7.00 cach Issued Nov. 24. Issued to production 2.100 units Nov, 27. Received 1.200 units N7.50 cach Nov. 29. Issued to production 2,800 units. (Use rates up to two decimal places)