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17. Candy and Pop Shop located in Alberta has an average monthly remittance of $50,000. The company has a biweekly pay cycle. Calculate the total
17. Candy and Pop Shop located in Alberta has an average monthly remittance of $50,000. The company has a biweekly pay cycle. Calculate the total remittance, including the employers share of the CPP and EI indicating the date the remittances are due for the following pay dates. (show all calculations for full marks)
Pay date | Employee CPP | Employee EI | Employee Tax |
May 8, 2020 | 7480.00 | 6655.13 | 17,256.35 |
May 22, 2020 | 7035.00 | 6512.25 | 17,102.40 |
Pay date | Employer CPP |
|
|
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| Remittance date |
May 8 |
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|
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| May 25th |
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Pay date |
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| Remittance date |
May 22 |
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| June 10th |
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