An organization uses Scanlon plan to provide incentives to employees. The workers produce parts 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: C. $1.5 million.
Business
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