In 2018, Viktor Petska was paid a gross salary of $1,000 on a weekly basis. For the
Question:
In 2018, Viktor Petska was paid a gross salary of $1,000 on a weekly basis. For the week ended May 12, 2018:
(a) Calculate his CPP and EI deductions
(b) Use the excerpts in Illustration 10A.5 to determine his income tax deductions assuming his TD1 claim code is 1.
Illustration 10A.5
Transcribed Image Text:
Pay Pay From 1012.66 Pay Pay CPP From To CPP To From To CPP From To CPP 1012 85 1565.08 1575.07 74.39 08.11 908.31 46.08 46.80 1027 20 1027.40 47.52 g98.32 7480 008.51 46.00 1012.86 1013.06 46.81 1027.41 1027 60 47.53 1575.00 1585.07 908.52 000.71 1013.06 1013.25 1027.61 1585.08 1505.07 75.38 46.10 46.82 1027.80 47.54 1027.01 1505.08 1605.07 1615.07 908.72 008.01 46.11 1013.26 1013.46 46.83 1028.00 47.55 75.87 1605.08 76.37 08.02 000.11 46.12 1013.47 1013.66 46.84 1028.01 1028.20 47.56 000. 12 000.32 1013.06 1028.41 46.13 1013.67 46.86 1028.21 47.57 1615.08 1625.07 76.86 1013.07 1028.42 900.33 000.52 46.14 1014.06 46.86 1028.61 47.58 1625.08 1635.07 77.36 900.53 900.72 46.15 1014.07 1014.26 46.87 1028.62 102.81 47.50 1635.08 1645.07 77.85 000.73 1655.07 000.02 46.16 1014.27 1014.47 46.88 1028.82 1029.01 47.60 1645.08 78.35 1014.48 1014.68 1014.67 000.03 1000.12 46.17 46.80 1020.00 1029.21 47.61 1655.08 1665.07 78.84 1000.13 1000.33 46.18 1014.87 46.00 1029.22 1020.42 47.62 1665.08 1675.07 70.34 47.63 1675.08 1685.07 70.83 1000.34 1000.53 46.19 1014.88 1015.07 46.91 1020.43 1020.62 1015.08 1015.27 1000.54 1000.73 46.20 46.02 1029.63 1029.82 47.64 1685.08 1605.07 B0.33 46.00 1605.00 1000.74 1000.93 46.21 1015.28 1015.48 1029.83 1030.02 47.65 1705.07 B0.82 1030.22 1705.08 1715.07 1000.94 1001.13 46.22 1015.49 1015.68 46.94 1030.00 47.66 81.32 1001.14 1001.34 46.23 1015.60 1015.88 46.06 1030.23 1030.43 47.67 1715.08 1725.07 81.81 1001.36 1001.54 46.24 1015.80 1016.08 46.06 1030.44 1030.63 47.68 1725.08 1735.07 82.31 1001.74 1745.07 1001.56 46.25 1016.00 1016.28 46.97 1030.64 1030.83 47.60 1735.08 82.80 1756.07 1745.08 83.30 Employment Insurance Premiums El Irsurablo Eamings Insurabla Eamings To Insurablo Eamings El Insurablo Eamings El El From To promium From To From To promium From promium pramium 867.78 868.37 14.41 911.15 911.74 15.13 954.52 955.12 15.85 007.00 D08.49 16.57 056.72 956.32 868.07 868.38 14.42 911.75 012.34 15.14 O55.13 15.86 D08.50 D00.00 16.58 B68.98 956. 73 909.60 B60.57 14.43 912.35 912.05 15.15 15.87 D00.10 16.50 B60.8 013.65 870.18 14.44 912.06 15.16 956.33 956.92 15.88 000.70 1000.30 16.60 870.19 870.78 14.45 913.56 014.15 15.17 956.03 957.53 15.80 1000.31 1000.90 16.61 870.70 14.46 957.64 871.38 014.16 014.75 15.18 958.13 15.90 1000.91 1001.50 16.62 871.30 871.08 14.47 914.76 915.36 15.19 958.14 958.73 15.01 1001.51 1002.10 16.63 871.90 872.50 14.48 915.37 915.06 15.20 958.74 950.33 15.02 1002.11 1002.71 16.64 015.07 872.60 873.19 14.40 016.56 15.21 950.34 950.03 15.03 1002.72 1003.31 16.65 87320 873.70 14.50 916.57 017.16 15.22 950.94 960.54 15.94 1003. 1003.91 16.66 017.17 017.77 15.23 D0.55 961.14 873.80 874.39 14.51 15.95 1003.02 1004.51 16.67 874.40 874.00 14.52 917.78 918.37 15.24 061.15 061.74 15.06 1004.50 1005.13 1005.12 16.68 961.75 16.00 875.00 875.80 14.53 018.38 018.07 15.25 062.34 15.97 1005.72 1005.73 875.61 876.20 14.54 018.08 010.57 15.26 D62.36 962.05 15.08 1006.32 16.70 14.55 910.58 D62.06 1006.02 87621 876.80 920.18 15.27 963.55 15.00 1006.33 16.71 920.19 g20.78 064.15 876.81 877.40 14.56 15.28 063.56 16.00 1006.93 1007.53 16.72 064.16 1007.54 87741 878.02 878.01 14.57 920.79 921.38 15.29 064.75 16.01 1008.13 16.73 878.61 14.58 921.30 921.08 15.30 064.76 965.36 16.02 1008.14 1008.73 16.74 вВ62 870.21 921.00 15.31 D66.37 16.00 14.50 922.50 965.06 1008.74 1009.33 16.75 966.56 1000.34 870.22 870.81 14.60 922.60 923.10 15.32 966.97 16.04 1009.93 16.76 14.01 16.05 16.77 870.82 880.42 923.20 923.79 15.33 D66.57 967.16 1009.94 1010.54 067.77 D68.37 B80 43 1010 55 881.02 14.62 923.80 924.30 15.34 967.17 16.06 1011.14 16.78 024.pp 967.78 1011.74 16.70 B81.03 881.2 14.63 924.40 15.35 16.07 1011.15 1011.75 1012.36 1012.06 925.00 881.63 882.22 14.64 925.60 15.36 968.38 968.97 16.08 1012.34 16.80 B82.23 B82.83 14.65 925.61 926.20 15.37 968.08 960.57 16.00 1012.95 16.81 883.43 15.30 970.18 B82.84 14.66 926.21 926.80 D60.58 16.10 1013.55 16.82 1014.16 B83.44 884.03 14.67 926.81 927.41 927.40 15.30 970.10 970.78 16.11 1013.56 16.83 884.63 928.01 928.61 15.40 970.79 971.30 16.84 B84.04 14.68 16.12 1014.16 1014.75 971.00 972.50 884.64 101536 B85.24 14.60 928.02 15.41 071.30 16.13 1014.76 16.85 1015.06 16.06 B85.25 885.84 14.70 928.62 929.21 15.42 971.99 16.14 1015.37 16.15 B85.85 886.44 14.71 929.22 920.81 15.43 972.60 973.19 1015.97 1016.56 16.87 973.20 973.80 930.42 931.02 1016.57 88645 887.04 14.72 920.82 15.44 973.79 16.16 1017.16 16.88 1017.77 16.17 887.05 887.65 14.73 930.43 15.45 974.30 1017.17 16.80 887 06 1017.70 888.25 14.74 931.03 931.62 15.46 974.40 975.00 16.18 1018.37 16.00 902.22 B88.26 888.85 14.75 931.63 15.47 975.01 975.60 16.19 1018.38 1018.07 16.01 932.83 976.20 976.80 077.40 B88.86 B80.45 14.76 932.23 15.48 975.61 16.20 1018.98 1019.57 16.02 B80.46 800.06 14.77 932.84 933.43 15.40 976.21 16.21 1019.58 1020.18 16.03 16.22 B00.07 800.06 14.78 933.44 934.03 15.50 976.81 1020.19 1020.78 16.04 934.04 1020.70 B00.67 801.26 14.79 934.63 15.51 977.41 978.01 16.23 1021.38 16.05 의9
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (15 reviews)
Gross salary for the week 1000 a CPP 100000 6730 495 4617 E...View the full answer
Answered By
Gilbert Chesire
I am a diligent writer who understands the writing conventions used in the industry and with the expertise to produce high quality papers at all times. I love to write plagiarism free work with which the grammar flows perfectly. I write both academics and articles with a lot of enthusiasm. I am always determined to put the interests of my customers before mine so as to build a cohesive environment where we can benefit from each other. I value all my clients and I pay them back by delivering the quality of work they yearn to get.
4.80+
14+ Reviews
49+ Question Solved
Related Book For
Accounting Principles Volume 1
ISBN: 978-1119502425
8th Canadian Edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak
Question Posted:
Students also viewed these Business questions
-
In 2012, Viktor Petska was paid a gross salary of $1,075 on a weekly basis. For the week ended May 11, 2012: (a) Calculate his CPP and EI deductions (b) Use the excerpts in Illustration 10A-3 to...
-
In 2015, Viktor Petska was paid a gross salary of $1,075 on a weekly basis. For the week ended May 12, 2015: (a) Calculate his CPP and EI deductions and (b) Determine his income tax deductions...
-
Todd Thompson's weekly gross earnings for the week ended May 23 were $1,400, and his federal income tax withholding was $247.90. Assuming the social security rate is 6% and Medicare is 1.5% of all...
-
1. Find the probability of obtaining between 40 and 60 heads when tossing a coin 100 times. 2. Find the probability of obtaining 6s between 20 and 40 times when rolling a die 200 times.
-
For the circuit shown in Fig. 14.73, find H(s) = Io (s)/Is (s). Figure 14.73 1 H 1 S2
-
Would you rather have a defi ned- benefi t or a defi ned- contribution pension plan? Why? (Hint: What are the advantages and disadvantages of each of these types of plans?) Appendix
-
A major defense contractor, LTV, faced with huge liabilities, sought Chapter 11 protection sev eral years ago. Under Chapter 11, a company continues to operate but is protected from cred itors while...
-
On January 1, 2010, Piranto acquires 90 percent of Slintons outstanding shares. Financial information for these two companies for the years of 2010 and 2011 follows: Assume that a tax rate of 40...
-
Consider the following equally likely project outcomes Profit X Y Pessimistic prediction $0 $500 Expected outcome $500 $500 Optimistic prediction $1000 $500 Investors will prefer project because the...
-
For this assignment, we are going to change our point of view. You are now working for Woolly, and you are preparing Woolly's response to Mammoth's RFP to support the transition of the 12 staff from...
-
Kate Gough?s regular hourly wage rate is $22.05, and she receives a wage of 1.5 times the regular hourly rate for work over 40 hours per week. For the weekly pay period ended June 15, 2018, Kate...
-
Medlen Models has the following account balances at December 31, 2021: Notes payable ($60,000 due after 12/31/22) ............................. $100,000 Unearned service revenue...
-
Fill in the blanks with an appropriate word, phrase, or symbol(s). A percent is a ratio of some number to ___________ .
-
The waiting times between a subway departure schedule and the arrival of a passenger are uniformly distributed between 0 and 9 minutes. Find the probability that a randomly selected passenger has a...
-
Greenview Dairies produces a line of organic yogurts for sale at supermarkets and specialty markets in the Southeast. Economic conditions and changing tastes have resulted in slowing demand growth....
-
Rudy Gandolfi owns and operates Rudy's Furniture Emporium Inc. The balance sheet totals for assets, liabilities, and stockholders' equity at August 1, 2019, are as indicated. Described here are...
-
If you were team leader how would you break up this assignment for 4 people to complete? Group Case Analysis Parts 4, 5, and 6 IV. STRATEGY IMPLEMENTATION. (How are you going to do what you want to...
-
A genetic experiment with peas resulted in one sample of offspring that consisted of 440 green peas and 166 yellow peas. Construct a 90% confidence interval to estimate of the percentage of yellow...
-
Refer to the Fourier transform infrared spectrum in Figure 19-32. (a) The interferogram was sampled at retardation intervals of 1.2660 10 -4 cm. What is the theoretical wavenumber range (0 to ?) of...
-
Which of the following streaming TV devices does not involve use of a remote controller? A) Google Chromecast B) Apple TV C) Amazon Fire TV D) Roku
-
At the beginning of the current golf season, on April 1, 2017, Swing-Town Golf Shop's merchandise inventory included 20 specialty hybrid golf clubs at a cost of $160 each. Swing-Town uses a perpetual...
-
At the beginning of September 2017, Stojanovic Distributing Company's ledger showed Cash $12,500, Merchandise Inventory $7,500, and D. Stojanovic, Capital, $20,000. During the month of September, the...
-
Western Lighting Warehouse has a July 31 fiscal year end and uses a perpetual inventory system. An alphabetical list of its account balances at July 31, 2017, follows. All accounts have normal...
-
At December 31, 2020. Cord Company's plant asset and accumulated depreciation and amortization accounts had balances as follows: Plant Asset $ 179,000 Accumulated Depreciation and Antortization $...
-
In 2003, Sotheby's the auctioneer sold a mustang 1955 for a price of $10,341,500. The owner who sold the car had purchased the Mustang in 1999 at a price of $12,437,500 from a rich celebrity. What...
-
XYZ Corp is expected to grow earnings at 15% over the next few years. XYZs current P/E is 42 and their expected earnings per share next year is $3.00. Calculate the target price objective for XYZ.
Study smarter with the SolutionInn App