Question

The Rudd-Mitchell organization uses the Scanlon plan to provide incentives to its employees. The workers produce electrical components worth $5 million. The target ratio set by the organization is 30%. The employees will be given a bonus if the actual labor costs are less than:

A. $0.5 million.

B. $1 million.

C. $1.5 million.

D. $2 million.

E. $2.5 million.

Answer

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