Question
For each of the following earnings, calculate the CPP contribution and the EI premium to be deducted . a) Weekly earnings of $2,475.00 b) Semi-monthly
For each of the following earnings, calculate the CPP contribution and the EI premium to be deducted.
a) Weekly earnings of $2,475.00
b) Semi-monthly earnings $5,850.75
An employee is paid a yearly salary of $46,000.00 on a bi-weekly basis. The employee has a taxable benefit of $29.40 per pay. To date, this employee has had deducted a total of $600.00 in CPP contributions and $230 in EI premiums. Calculate the employee's CPP and EI contributions.
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Survey of Accounting
Authors: Thomas P. Edmonds, Frances M. McNair, Philip R. Olds, Bor Yi
3rd Edition
978-1259683794, 77490835, 1259683796, 9780077490836, 978-0078110856
