Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

4 6 ) Jim earns $ 4 0 . 5 0 per hour and works 1 7 5 hours in a month if federal tax

46) Jim earns $40.50 per hour and works 175 hours in a month if federal tax is $320, provincial tax is $160, Employment Insurance is 1.5% of gross salary, CPP is $145.50, dental and vision coverage is 1.75% of gross salary. Calculate the net monthly salary

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Purchasing Guidebook Practical Applications

Authors: Steven M. Bragg

2nd Edition

1642210056, 9781642210057

More Books

Students also viewed these Accounting questions

Question

Have the group had any input to their goal?

Answered: 1 week ago