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How much is the bonus payable to each sales agent

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Reference no: EM132853016

Question - Scarlett Co. pays bonuses to its sales manager and two sales agents. The company had profit for 2020 of P4,500,000 before bonuses and 30% income tax. The sales manager gets 8% and each sales agent gets 6% of profit after bonuses and income tax.

Required -

A) How much is the bonus payable to each sales agent?

B) How much is the bonus payable to the sales manager?

Reference no: EM132853016

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