Question
1).Employee Earnings Salaries for the month (gross) $Answer Overtime Pay $2,500 Total Gross Pay $Answer Deductions and Net PayWithheld Statutory Deductions $2,200 Charitable Contributions $Answer
1).Employee Earnings
Salaries for the month (gross) $Answer
Overtime Pay $2,500
Total Gross Pay $Answer
Deductions and Net PayWithheld Statutory Deductions $2,200
Charitable Contributions $Answer
Medical Insurance $150
Total Deductions $2,508
Net Pay $6,292
2).Employee Hours Worked Hourly Rate Income Tax Canada Pension Plan Employment Insurance
H. Farnsworth 46 $13.00 $59.80 $26.27 $11.24
P. Fry 47 $17.00 $79.90 $36.22 $15.02
Employee Gross Pay Net Pay
H. Farnsworth$Answer $Answer
P. Fry$Answer $Answer
3).An employer has calculated the following amounts for an employee during the last week of January 2015.
Gross Wages$1,400.00
Income Taxes$322.00
Canada Pension Plan Contributions$66.00
Employment Insurance Contributions$26.00
a) Calculate the employee's net pay.
Net Pay = $Answer
b)Assuming the employer's contribution is 100% for Canada Pension Plan and 140% for Employment Insurance, what is the employer's total expense?
Total Employer Expense = $Answer
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