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The Norman Company recently adopted an incentive plan. Factory workers are paid P7.50 per unit with a guaranteed minimum wage of P2,000 per week.

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The Norman 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 ending May 16, 2014. All employees worked the full 40-hour week. WEEKLY SUMMARY EMPLOYEE'S NAME R. Cruz J. Briones C. David A. Mendoza F. Rivera R. Tolentino Required: UNIT PRODUCED 240 286 275 240 225 285 A. What amount should be charged towork in process? P 11,632.50 B. What amount should be charged tofactory overhead control? P 712.50

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