Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Avon Corporation sells phone cases to public and private companies. They are located at 123 Locus Rd, Markham, ON. They employ 200 full time employees

Avon Corporation sells phone cases to public and private companies. They are located at 123 Locus Rd, Markham, ON. They employ 200 full time employees who work in sales, customer service and office support roles. They have had an annual remuneration of over $1,000,000 for the past several years therefore their EHT rate is 1.95%. Pay period #1 started December 27, 2020. All are paid on a bi-weekly basis. All benefits are processed each pay on an as enjoyed basis. The first pay day for employees is Jan 13, 2021. They have three staff in the Customer Service Department answering questions from clients and the general public. They all work Monday to Friday and do not work statutory holidays but are paid for them. Neema has been with Avon for 3 years and answers calls specifically from clients. She earns $18.25 per hour and works 35 hours per week. She also does not work any overtime. She is paid bi-weekly. Her employer provides the following: Health and Dental - at a total cost of $469.00 per month, 50% is paid by the employer and 50% is paid for by Neema Group Term life - $50,000.00 at a cost of $0.45 per month per $1000 of coverage paid for by the employer She does not receive AD&D She has the following deductions: Federal and Provincial taxes - she is claiming basic tax (Claim code 1) plus an additional $5.00 per pay Calculate the following for Neema: Pay Period 6 Gross Pay Gross taxable income CPP contributions EI premiums Federal and Provincial taxes Health and Dental Cost Group term life insurance Net pay Employer health tax

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting And Causal Effects Econometric Challenges

Authors: Douglas A Schroeder

1st Edition

1441972242, 9781441972248

More Books

Students also viewed these Accounting questions

Question

Describe a selection device you have used.

Answered: 1 week ago

Question

4. Will technology eliminate the need for HR managers?

Answered: 1 week ago