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10. Kansas Company has an incentive compensation plan under which a branch manager receives a bonus of 10%. Branch income for 2020 is P1,650,000 before
10. Kansas Company has an incentive compensation plan under which a branch manager receives a bonus of 10%. Branch income for 2020 is P1,650,000 before bonus and tax. The tax rate is 32%. Compute the bonus received by the branch manager under the following cases: (a) Bonus is 10% of branch income before bonus and tax. (b) Bonus is 10% of branch income after bonus but before tax. (c) Bonus is 10% of branch income before bonus but after tax. (d) Bonus is 10% of branch income after bonus and after tax
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