Question
1. An employer has calculated the following amounts for an employee during the last week of March: gross wages of $2,000, taxes withheld of $430,
1. An employer has calculated the following amounts for an employee during the last week of March: gross wages of $2,000, taxes withheld of $430, pension plan of $96 and employment insurance of $37. Lindas net pay is:
Select one:
a. $1,867
b. $1,437
c. $1,474
d. $1,570
2.
Use the following payroll register to answer the following question.
| Payroll Register |
| ||||
|
| Deductions |
|
| ||
Name | Gross Earnings | CPP | EI | Income Tax | Total Deductions | Net Pay |
A. Adams | 2,480.00 | 108.32 | 44.14 | 545.60 | 698.06 | $1,781.94 |
B. Bond | 2,680.00 | 118.22 | 47.70 | 589.60 | 755.52 | $1,924.48 |
C. Carlisle | 2,240.00 | 96.44 | 39.87 | 492.80 | 629.11 | $1,610.89 |
D. Dunn | 2,060.00 | 87.53 | 36.67 | 453.20 | 577.40 | $1,482.60 |
Totals | $9,460.00 | $410.51 | $168.38 | $2,081.20 | $2,660.09 | $6,799.91 |
How much must the employer send to the government for each of the statutory deductions?
Select one:
a. CPP $821.02, EI $404.11, Income Tax $2,081.20
b. CPP $821.02, EI $404.11
c. CPP $410.51, EI $168.38, Income Tax $2,081.20
d. CPP $985.22, EI $336.76, Income Tax $2,081.20
b. $1,437
c. $1,474
d. $1,570
3.
An employee earns $32,500 per year. What is their weekly gross pay?
Select one:
a. $625.00
b. $1,354.17
c. $2,708.33
d. $1,250.00
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