CORONA Company recently adopted an incentive plan. Factory workers are paid P7.50 per unit with a guaranteed minimum wage of P2,000 per week. Following is a report on employees' productivity for the week June 5, 2020. All employees worked the full 40-hour week.

Weekly Summary

Employee's Name - Units produced

CJ, Alvarez - 240

AC, Briones - 286

LJ, Corpuz - 275

FP, Diaz - 240

LM, Espina - 225

RR, Ferrer ; 285

Required:

1. Compute each employee's gross pay.

2. What amount should be charged to work in process?

3. What amount should be charged to factory overhead account?