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Buddy LeFranc is a 42 year old employee in Ontario. He is paid an annual salary of $52,200 which is paid on a monthly basis.

Buddy LeFranc is a 42 year old employee in Ontario. He is paid an annual salary of $52,200 which is paid on a monthly basis. Vacation pay at 6% is accrued. In addition to his salary his employer pays him a car allowance of $320.00 a month. His employer also pays 48.60 a month in Group Term Life Insurance premiums (including applicable tax) for Buddy. On this pay he receives a safety glasses allowance of $100.00. Safety glasses are a requirement of employment for health and safety reasons. Monthly deductions for Buddy include $30 for the United Way and 4% of his salary for a Registered Buddy's TD1 codes are 2 for both Federal and Ontario purposes. Manually calculate CPP contributions and El premiums and use the 2022 T4032 Payroll Deduction Tables for Income Taxes. Virginia "forres Calculate Buddy LeFranc's net pay for the first pay period of 2022. Show all of your work in the worksheet below. If you prefer to use Excel or Word for this question your finished file must be uploaded to Moodle using the file upload screen at the bottom of this page before the test time limit expires

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