ABC corporation employees 300 workers as a team. When production of the team exceeds the standard production o 500 pieces per hour. Each employee in the team is paid a bonus for the excess production in addition to wages at hourly rates. The bonus is computed as follows, the percentage of production in excess of the standard quantity is found and five percent is regarded as the employees share. Each employee in the Team is paid as a bonus this percentage of a wage rate of $30 per hours. There is no relationship between the individual workers hourly rate and the bonus rate. The following is one week's record: Days hours worked Production als Monday 600 600000 Tuesday 500 600000 Wednesday 400 550000 Thursday 300 500000 al Friday 300 450000 Total 2100 2700000 n During the week Paul worked 40 hours and was paid $20 per hour. Margaret also worked 40 hours and was paid $20. Calculate the following: 1. The bonus rate for the week (5 marks) 2. Total bonus for the Team (5 marks) 3. Total pay for Paul and Margaret. (10 marks)