Work for company that has scanlon gainsharing plan

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You work for a company that has a Scanlon gainsharing plan. What would the employees’ bonus be under the following conditions? (SHOW YOUR WORK)

Base Year Sales

Value of Production $5,000,000

Actual Wages 2,000,000

Current Month Sales

Value of Production $ 500,000

Actual Wages 150,000

Saving split is:

25% Company

50% Employees

25% Contingency Fund

Reference no: EM132191297

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