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Calculate the EI, CPP , Federal tax, Provincial tax and Net pay for each of the following students. All are bi-weekly pays. Student Gross Pay

Calculate the EI, CPP , Federal tax, Provincial tax and Net pay for each of the following students. All are bi-weekly pays.

Student

Gross Pay

Code

EI

CPP

Fed Tax

Prov Tax

Net

Student A

500.23

2

Student B

1000.49

2

Student C

245.74

3

Student D

1345.85

0

Student E

1234.85

1

Student F

2345.99

4

Student G

654.00

2

Student H

555.23

1

Student I

678.00

2

Student J

333.33

2

Student K

2332.99

3

Student L

765.99

1

Calculate the following payroll and demonstrate steps to get to your calculations. The following employees are paid b-weekly and are claim code 2.

Employee #1 ($15.00/hr)

Mon, Tue and Wed 7 am 3 pm , 1 hour lunch un-paid

Thurs and Fri --- 11 am 7 pm , lunch un-paid

Employee #2: ($15.00/hr)

Mon to Fri ---- 7 am -2 pm hour lunch un-paid

Every second Saturday 8 am- 12 noon (no lunch)

Employee#3: ($15.00)hr

Mon, Tues --- 9 am 5 pm 1 hour lunch un paid

Wed 8 am 3 pm hour lunch unpaid

Thur 7 am 4 pm 1 hour lunch un-paid

Fri 10 am 2 pm no lunch

Employee # 4

Makes $35,000 per year, works 40 hours a week

How much does he/she make per hour

Employee #5

Makes $38,000 per year works Mon Fri 7.5 hours a day

How many hours per pay period does he/she work?

How much does he/she get paid per hour?

Employee

EI

CPP

Fed Tax

Prov Tax

Net

Employee 1

Employee 2

Employee 3

Employee 4

Employee 5

Totals

Calculate:

Part A: Employees Contribution

Part B: Employers contribution

Part C: Employers remittance

Employee 1

Employee 4

CPP____________________CPP_____________________

EI____________________EI_______________________

Fed tax_____________________Fed tax___________________

Provincial_____________________Provincial _________________

Employee 2 Employee 5

CPP _____________________CPP____________________

EI ______________________EI ______________________

Fed tax ____________________Fed tax __________________

Provincial____________________Prov tax __________________

1. Employee 3

CPP _____________________

EI________________________

Fed tax____________________

Provincial__________________

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