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1.The following information as to earnings and deductions for the weekly pay period ended March 9,2021 was taken from a companys payroll records: 10 marks
1.The following information as to earnings and deductions for the weekly pay period ended March 9,2021 was taken from a companys payroll records: 10 marks
Employees Names | Weekly Gross Pay | Earnings to End of Previous week | Income Taxes | Health Insurance Deductions |
Hellen Craig | $ 720 | $ 12,510 | $106.20 | $ 24.00 |
Joseph Lim | 610 | 10,320 | 79.70 | 24.00 |
| $1,330 |
| $ 185.90 | $ 48.00 |
Calculate-a) Net pay for each employee
b) Employees EI and CPP withholdings (show your work)
c) Employers contribution towards CPP and EI.
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