Answered step by step
Verified Expert Solution
Question
1 Approved Answer
29. Prestage consulting located in Alberta has an average monthly remittance of $40,000. The company has a biweekly pay cycle. Calculate the total remittance, including
29. Prestage consulting located in Alberta has an average monthly remittance of $40,000. The company has a biweekly pay cycle. Calculate the total remittance, including the employer's 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 5, 2017 $6241.36 $5216.20 $16,875-40 May 19, 2017 $6012.76 $5116.02 $16,578.04 Pay date Remittance date May 5 Pay date Remittance date May 19
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