Ten employees work as a group in Altech Manufacturing Company. When the groups weekly production exceeds the standard number of pieces per hour, each worker in the group is paid a bonus for the excess production in addition to wages at hourly rates. The amount of bonus is computed by first determining the percentage by which the groups production exceeds the standard; one-half of this percentage is then applied to a wage rate of $9 to determine hourly bonus rate. The standard rate of production before a bonus can be earned is 200 pieces per hour for total hours worked.

Production record for the week

Hours worked Production

Monday 80 17,824

Tuesday 74 16,206

Wednesday 80 18,048

Thursday 78 17,480

Friday 72 16,733

Required:

Calculate the groups bonus for each day and for the week

The weeks earnings of each employee