Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1. Jennifer works in retail and makes $19.00 per hour. She also earns a $24.50 per hour for all shifts she works as the
1. Jennifer works in retail and makes $19.00 per hour. She also earns a $24.50 per hour for all shifts she works as the store supervisor. She works in British Columbia and is eligible for overtime for both job codes. Use the following information to calculate her net pay and all deductions using PDOC. Statutory holiday pay is paid out on the cheque it is earned. a. Jennifer is 25 years old, is married, and has a three year old child who is disabled. Her spouse earns $65,000 per year, and claims all tax credits related to their child. b. Jennifer has worked for this employer for 7 years. c. For the purpose of calculating her statutory holiday pay, Jennifer has worked 21 days in the 30 days prior to July first, and her regular wages totaled $3,775.00. d. For overtime purposes, weeks are calculated Sunday through Saturday. e. Pay periods are semi-monthly and run from the 1st to the 15th, and the 16th to the end of the month. They are paid out the following Friday. The next pay date is July 19, 2024. YTD amounts are provided below. f. Vacation pay is paid out on every cheque. g. Assume all breaks are paid. Supervisor Codes Start End time time 30-Jun Sunday 12:00 20:00 Y 01-Jul Monday 10:00 18:00 Y 02-Jul Tuesday 11:00 19:00 Y 03-Jul Wednesday OFF 04-Jul Thursday OFF 05-Jul Friday 12:00 20:00 Y 06-Jul Saturday 13:00 21:00 Y 07-Jul Sunday 12:00 20:00 Y 08-Jul Monday 10:00 18:00 Y 09-Jul Tuesday 11:00 19:00 10-Jul Wednesday 11:00 21:00 11-Jul Thursday OFF 12-Jul Friday 11:00 19:00 Y 13-Jul Saturday 13:00 21:00 14-Jul Sunday 12:00 20:00 Y 15-Jul Monday 10:00 18:00 Y 16-Jul Tuesday 11:00 19:00 17-Jul Wednesday OFF 18-Jul Thursday OFF 19-Jul Friday 11:00 19:00 Y 20-Jul Saturday 21-Jul Sunday 13:00 21:00 12:00 20:00 Y Calculations: Regular Supervisor Statutory holiday pay Overtime Supervisor OT Total Vacation pay Federal TD1 amount Provincial TD1 amount YTD Pensionable and insurable earnings YTD CPP contributions YTD El contributions 22,327.19 1,224.34 378.86 Other deductions 0.00 Taxable benefits 0.00 Gross Pay Vacation pay CPP premiums El premiums Income tax Net pay Total to remit Employee Employer
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started