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Angel company sells agricultural products. angel company pays its salespeople a salary plus a commission. the salary is the same for each salesperson, P10,000 per

Angel company sells agricultural products. angel company pays its salespeople a salary plus a commission. the salary is the same for each salesperson, P10,000 per month.

The commission varies by length of employment and is a percentage of the entity's total gross sales.

Each salesperson starts with a commission of 1.0%, which is increased by an additional 0.5% for each full year of employment to a maximum of 5.0%.

The total gross sales for the month of January amounted to P2,400,000. the entity has six salespeople as follows:

Number of years employed
Frances 10
Salome 9
Gina 8
Jerry 6
Michael 3
Liezel 0.75

Required:

Compute the total salaries and commission expense.

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