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8 90 100 110 120 130 140 150 160 170 180 190 200 210 220 230 240 250 260 270 280 290 300 Moving to another question will save this response. Question 27 Question 27 of 30 10 points Saved Grace Moves Inc. has four employees who work on an hourly basis and are paid semi-monthly. The current CPP rate is 5.45%, the current El rate is 1.58%, and the appropriate income tax rate is 18%. Each employee contributes a portion of their pay to the United Way. The employer pays 80% of the amount of the health care premium for the employees. Assume the employer contributes 100% toward CPP and 140% toward El. Payroll information for the week ending April 1, 2022, is listed belo W. Employee Total Hours Hourly Rate United Way Health Care May Bee 78.00 $12.50 $5.00 $15.00 See Eye 77.00 $13.00 $4.00 $20.00 Nose He 79.00 $13.50 $8.00 $20.00 Run Up 80.00 $14.50 $7.00 $25.00 Required: a. Calculate gross and net pay for each employee. Please remember to account for the CPP annual exemption of $3,500. Round your answers to 2 decimal places. (8 marks) b. Calculate the total employer costs. (2 marks) Please show all workings For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS B Paragraph v 10pt Arial XX < - ABC BEH ( v A 2 V Ix +6 * BB
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