Darcy Renick's weekly pay for 40 hours is ($ 600) plus time and a half for overtime.
Question:
Darcy Renick's weekly pay for 40 hours is \(\$ 600\) plus time and a half for overtime. The federal tax rate, based on her income level and deductions, is 10. 5 percent, the provincial rate is 8. 8 percent, the CPP rate is 4. 95 percent on her weekly earnings, and the EI rate is 1. 88 percent on her weekly earnings. What is Darcy's take-home pay for a week in which she works 50 hours?
a. \(\$ 554. 05\)
b. \(\$ 581. 74\)
c. \(\$ 609. 42\)
d. \(\$ 660. 65\)
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Related Book For
Horngrens Accounting Volume 1
ISBN: 9780135359709
11th Canadian Edition
Authors: Tracie Miller Nobles, Brenda Mattison, Ella Mae Matsumura, Carol Meissner, JoAnn Johnston, Peter Norwood
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