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10:23 Rippling Waters rents canoes and other water crafts to campers and hikers. On August 15, 2019, Rippling Waters prepared their semi-monthly payroll for their
10:23 Rippling Waters rents canoes and other water crafts to campers and hikers. On August 15, 2019, Rippling Waters prepared their semi-monthly payroll for their employees. The current CPP rate is 5.1%, the current El rate is 1.62%, and the appropriate income tax rate is 18%. The employer pays half of the health care premium, and the employees pay the other half. Assume the employer contributes 100% toward CPP and 140% toward El. Payroll information for August 15, 2019 is listed below. Total Hourly Health Employee Hours Rate Care M. Swift 87.0 $16.00 $19.00 S. Current 75.0 $14.00 $17.00 B. Wavey 77.0 $16.00 $22.00 Do not enter dollar signs or commas in the input boxes. Round your answer to 2 decimal places. a) Calculate gross and net pay for each employee. ?D Employee Gross Income Tax CF M. Swift $ S. Current Do not enter dollar signs or commas in the input boxes. Round your answer to 2 decimal places. a) Calculate gross and net pay for each employee. Employee Gross Income Tax CPP. Payroll Register Deductions M. Swift S. Current $ B. Wavey $ Total 6 Health Care $ Total Deductions LA LA A A A SA Payroll Register Deductions Gross Income Tax CPP* Health Care Total Deductions Net Pay ir signs or commas in the input boxes. er to 2 decimal places. and net pay for each employee. 6 *Remember to properly account for the $3,500 exemption b) Calculate the employer contributions. Employer Contributions CPP Health Care $ Check Note: The "check" button does not submit your attempt.To submit the attempt, go to the end of the quiz and click on the "submit all and finish" button
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