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Fredrick Rick works for an employer which pays on bi-weekly pay cycle and he earns the following: A salary of $75000 per year Overtime paid
Fredrick Rick works for an employer which pays on bi-weekly pay cycle and he earns the following: A salary of $75000 per year Overtime paid at 1.5 times for any hours worked in excess of 37.5 per week Vacation pay at 6% be accrued and paid at a later date The employer provides a car allowance of $500 per month For this pay cycle Fredrick will be paid an expense reimbursement of $647.98 for travel expenses through an accounts payable cheque Fredrick's supervisor has authorized 7 hours of overtime for this pay cycle Calculate Gross Earnings, CPP and El (Marks 15)
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