Question
a) Desa earns an annual salary of $35,000 and gets paid monthly. She also receives a commission of 5% based on the dollar amount of
a) Desa earns an annual salary of $35,000 and gets paid monthly. She also receives a commission of 5% based on the dollar amount of her sales. If last month Desa sold $23,505 worth of merchandise, what would her gross pay be for the month?
a 1) Explain why viewing your net pay compared to your gross pay is somewhat disappointing.
b) Alicia gets paid $44,000 annually and gets paid semi-monthly. Deductions for the week are: Income tax = $324.46 EI = $19.21 Health Plan = $6.55 What would Alicias gross pay be for the pay period? What would Alicias net pay be for the pay period?
c) Your wage is $25/hr, paid weekly. Any overtime (more than 40 hours per week) is paid at 2 times your normal rate. Last week you worked a total of 52 hours. Deductions for the week are as follows: Income tax = $182.25 EI = $12.16 Union Dues = $9.69 Health Plan = $4.68 Pension Plan = $61.23 c 1) What is your gross pay?
c 2) What final amount would appear on your paycheque?
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