Case Study In this case study you will be required to calculate the gross to net pay for three employees. You will also be required to calculate other employer costs based on the information provided. This case study will demonstrate that you know how to use what you have learned in this course. Majic Corporation sells phone cases to public and private companies. They are located at 123 Locus Rd, Toronto, ON M1H 453. They employ 200 full time employees who work in sales, customer service and office support roles. Majic Corporation sells phone cases to public and private companies. They are located at 123 Locus Rd, Toronto, ON M1H 453. 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 for those paid bi-weekly started December 22, 2019. The first pay day for these employees is Friday Jan 10, 2020. They have three staff in the Customer Service Department answering questions from clients and the general public. Marijke has been with Majic for 5 years and is the Customer Service Supervisor. She earns $2000.00 bi-weekly working 35 hours per week. Her employer provides the following: Health and Dental - fully paid for by the employer at a monthly cost of $469.00 Group Term life insurance - 2x her annual salary at a cost of $0.69 per month per $1000 of coverage Marijke has been with Majic for 5 years and is the Customer Service Supervisor. She earns $2000.00 bi-weekly working 35 hours per week. Her employer provides the following: Health and Dental-fully paid for by the employer at a monthly cost of $469.00 Group Term life insurance - 2x her annual salary at a cost of $0.69 per month per $1000 of coverage AD&D - $50,000.00 at a cost of $0.19 per month per $1000 of coverage She has the following personal deductions from her pay: $5.00 per pay donation to the United Way Federal and Provincial income tax - she is claiming maximum tax (Claim Code 0) plus an additional $10.00 per pay Pay Period 3 Gross Pay Gross taxable income CPP contributions El premiums Federal and Provincial taxes Group term life insurance AD & D United Way Net pay Employer health tax Total Marks Pay Period 4 Gross Pay Gross taxable income CPP contributions El premiums Federal and Provincial taxes Group term life insurance AD 8. Pay Period 4 Gross Pay Gross taxable income CPP contributions El premiums Federal and Provincial taxes | Group term life insurance AD & D United Way Net pay Employer health tax Total Marks Neema has been with Majic for 3 years and answers calls specifically from clients. She earns $18.25 per hour and works 35 hours per week and receives overtime per ESA. Her employer provides the following: Health and Dental -50% paid by the employer and 50% paid for by Neema at a cost of $469.00 per month Group Term life - $50,000.00 at a cost of $0.45 per month per $1000 of coverage 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: Calculate the following for Neema: Pay Period 3 Gross Pays | Gross taxable income CPP contributions El premiums | Federal and Provincial taxes Health and Dental Cost Group term life insurance Net pay | Employer health tax Total Marks Roger started with Majic this year. His first day was January 6, 2020. He was hired on a temporary basis to cover an employee who was off on maternity leave. He earns $16.50 per hour. He is covered under the Employment Standards Act of Ontario. He works 7 hours per day and receives 4% vacation pay on each pay cheque. He does not receive any benefits. He has not taken any days off and received stat pay for the following holidays: Family day he received 7.28 hours of stat Good Friday he received 7.28 hours of stat Victoria Day he received 7.28 hours of stat He has the following deductions: Federal and Provincial taxes - he is claiming basic tax (Claim code 1) He has found a full time job and his last day to work will be June 26, 2019 Pay Period 3 Gross Pay Gross taxable income CPP contributions | El premiums Federal and Provincial taxes Net pays Employer health tax Total Marks Pay Period 4 Gross Pay Gross taxable income CPP contributions El premiums Federal and Provincial taxes Net pay Employer health tax Total Marks Case Study In this case study you will be required to calculate the gross to net pay for three employees. You will also be required to calculate other employer costs based on the information provided. This case study will demonstrate that you know how to use what you have learned in this course. Majic Corporation sells phone cases to public and private companies. They are located at 123 Locus Rd, Toronto, ON M1H 453. They employ 200 full time employees who work in sales, customer service and office support roles. Majic Corporation sells phone cases to public and private companies. They are located at 123 Locus Rd, Toronto, ON M1H 453. 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 for those paid bi-weekly started December 22, 2019. The first pay day for these employees is Friday Jan 10, 2020. They have three staff in the Customer Service Department answering questions from clients and the general public. Marijke has been with Majic for 5 years and is the Customer Service Supervisor. She earns $2000.00 bi-weekly working 35 hours per week. Her employer provides the following: Health and Dental - fully paid for by the employer at a monthly cost of $469.00 Group Term life insurance - 2x her annual salary at a cost of $0.69 per month per $1000 of coverage Marijke has been with Majic for 5 years and is the Customer Service Supervisor. She earns $2000.00 bi-weekly working 35 hours per week. Her employer provides the following: Health and Dental-fully paid for by the employer at a monthly cost of $469.00 Group Term life insurance - 2x her annual salary at a cost of $0.69 per month per $1000 of coverage AD&D - $50,000.00 at a cost of $0.19 per month per $1000 of coverage She has the following personal deductions from her pay: $5.00 per pay donation to the United Way Federal and Provincial income tax - she is claiming maximum tax (Claim Code 0) plus an additional $10.00 per pay Pay Period 3 Gross Pay Gross taxable income CPP contributions El premiums Federal and Provincial taxes Group term life insurance AD & D United Way Net pay Employer health tax Total Marks Pay Period 4 Gross Pay Gross taxable income CPP contributions El premiums Federal and Provincial taxes Group term life insurance AD 8. Pay Period 4 Gross Pay Gross taxable income CPP contributions El premiums Federal and Provincial taxes | Group term life insurance AD & D United Way Net pay Employer health tax Total Marks Neema has been with Majic for 3 years and answers calls specifically from clients. She earns $18.25 per hour and works 35 hours per week and receives overtime per ESA. Her employer provides the following: Health and Dental -50% paid by the employer and 50% paid for by Neema at a cost of $469.00 per month Group Term life - $50,000.00 at a cost of $0.45 per month per $1000 of coverage 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: Calculate the following for Neema: Pay Period 3 Gross Pays | Gross taxable income CPP contributions El premiums | Federal and Provincial taxes Health and Dental Cost Group term life insurance Net pay | Employer health tax Total Marks Roger started with Majic this year. His first day was January 6, 2020. He was hired on a temporary basis to cover an employee who was off on maternity leave. He earns $16.50 per hour. He is covered under the Employment Standards Act of Ontario. He works 7 hours per day and receives 4% vacation pay on each pay cheque. He does not receive any benefits. He has not taken any days off and received stat pay for the following holidays: Family day he received 7.28 hours of stat Good Friday he received 7.28 hours of stat Victoria Day he received 7.28 hours of stat He has the following deductions: Federal and Provincial taxes - he is claiming basic tax (Claim code 1) He has found a full time job and his last day to work will be June 26, 2019 Pay Period 3 Gross Pay Gross taxable income CPP contributions | El premiums Federal and Provincial taxes Net pays Employer health tax Total Marks Pay Period 4 Gross Pay Gross taxable income CPP contributions El premiums Federal and Provincial taxes Net pay Employer health tax Total Marks