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4.An employee has the following information for her pay for the week ending July 16, 2015. Her employer contributes 100% towards the pension plan and

4.An employee has the following information for her pay for the week ending July 16, 2015. Her employer contributes 100% towards the pension plan and 140% towards employment insurance.

Hours 37.00

Hourly Rate 15.50

Income Taxes 74.56

Canada Pension Plan 25.06

Employment Insurance10.78

Union Dues 30.00

Charity Donations 30.00

Do not enter dollar signs or commas in the input boxes.

Round your answers to 2 decimal places.

Required

a) Calculate the employee's net pay.

Net Pay = $Answer

b) Calculate the employer's total expense including gross pay.

Total Employer Expense = $Answer

a) Net Pay = Gross Pay - All Deductions

b) Employer's total expense = Gross Pay + CPP + (EI x 1.40)

5.Daytona Travel Agency has three employees who are paid on an hourly basis, plus time and one half for hours in excess of 44 hours per week. Payroll information for the week ending November 14, 2015 is listed below.

Employee Hours Worked Hourly Rate Income Tax Canada Pension Plan Employment Insurance Union Dues

A. Knopf 47 $ 16.20 $76.14 $34.36 $14.31 $30.00

B. Penguin 44 $16.20 $71.28 $31.95 $13.40 $30.00

T. Cruise 40 $13.70 $54.80 $23.79 $10.30 $30.00

Do not enter dollar signs or commas in the input boxes.

Round your answers to 2 decimal places.

Calculate gross pay for each employee and the amount the employer will have to pay for CPP and EI.

Employee Gross Employer CPP Employer EI

A. Knopf $Answer $Answer $Answer

B. Penguin $Answer $Answer $Answer

T. Cruise $Answer $Answer $Answer

Total

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