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Adam Tarver is paid $1,000 for a 40-hour workweek and time and a half for hours worked above 40 Required 1. Compute Tarver's gross
Adam Tarver is paid $1,000 for a 40-hour workweek and time and a half for hours worked above 40 Required 1. Compute Tarver's gross pay for working 60 hours during the first week of February 2. Tarver is single, and his income tax withholding is 26 percent of total pay. His only payroll deductions are taxes withheld, CPP of 5 45 percent, and El of 1.58 percent Compute Tarver's net pay for the week Requirement 1. Compute Tarver's gross pay for working 60 hours during the first week of February (Round your answers to the nearest cent.) Total gross pay Jed Traxell is paid $1,020 for a 40 hour workweek and time and a half for hours worked above 40. Traxxell's employer, Jones Ski Corp, pays all the standard payroll expenses plus benefits for the employee pensions (7 percent of gross pay), BC health insurance ($14 per employee per week), and disability insurance ($2 per employee per week) Assume February has four pay periods Compute Jones Ski Corp's total expense of employing Jed Traxell for the 50 hours that he worked during the first week of February Use a 5 45% CPP rate and 1 58% El rate Show amounts to the nearest cent Complete the following table to compute Jones Ski Corp's total expense of employing Jed Traxell (Abbreviations used: CPP- Canada Pension Plan; El Employment Insurance. Do not round intermediary calculations. Only round the amount you input in the cell to the nearest cent.) Total gross pay for the employee Employer payroll expenses Benefit costs Total employer payroll expenses and benefit costs Total expense of employer
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