Question
An employee has gross pay of $3,500, deductions for EI $66, CPP $173, and Income Tax of $359. What is the employer's payroll cost for
An employee has gross pay of $3,500, deductions for EI $66, CPP $173, and Income Tax of $359. What is the employer's payroll cost for this transaction? (Round to the nearest dollar)
a) $478
b) $308
c) $265
d) $239
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Accounting Volume 2
Authors: James Reeve, Jonathan Duchac, Sheila Elworthy, Carl S. Warren
2nd Canadian edition
176501452, 978-0176501457, 978-0176509743
