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Direct Papery is a stationary supply company with offices and retail stores in Ontario and Qubec. The organization started operations in 1993 and currently has

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Direct Papery is a stationary supply company with offices and retail stores in Ontario and Qubec. The organization started operations in 1993 and currently has an approximate annual payroll of $12,000,000 in each jurisdiction. The organization is considering terminating the employment of five employees in each jurisdiction. To assist with forecasting the budget for the balance of the year, Nicole Chan, the Finance Manager, has asked you, as the Payroll Manager, to provide her with the details on all legislated payments on termination of employment required for each jurisdiction. In addition to the required payments on termination, include any employer costs related to the employees' statutory deductions. Diane Lemay works for Monarch Construction in Alberta and earns an annual salary of $55,000.00 paid on a semi-monthly basis. The company provides its employees with group term life insurance coverage of two times annual salary and pays a monthly premium of $0.56 per 1,000.00 of coverage, Diane uses her car to meet with clients on company business and receives a taxable car allowance of $50.00 per pay. The company has a defined contribution persion plan to which Diane contributes 4% of her salary each pay. Diane also contributes $15.00 to United Way and has $5.00 deducted for her social club membership each pay. She belongs to the union and pays 3% of her Salary in union dues per pay period. Dlane's federal and provincial T1 claim codes are 2. She will not reach the Canada Pension Plan or Employment Insurance annual maximums this pay period. Calculate the employee's net pay, following the order of the steps in the net pay template

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