Question
Hemal Thomas is an employee in British Columbia. The net pay calculation is for the first biweekly pay of 2020. The employee is 32 years
Hemal Thomas is an employee in British Columbia. The net pay calculation is for the first biweekly pay of 2020. The employee is 32 years old and in this pay is entitled to 70 hours regular pay at $20.00/hour, three hours of overtime at time and a half, and a $100.00 safety shoe allowance. The employee also receives a monthly car allowance of $200.00 and the employer pays group life insurance of $35.00 a month. Vacation at 4% is accrued.
A) The employee contributes $20.00 per pay to the United Way, $20.00 per month to the company social club, and $15.00 per pay for union dues. The employees TD1 federal and provincial are codes 2.
Federal income tax is: (Use ONLY federal and provincial tax tables to compute tax.)
Multiple Choice
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$155.15
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$133.15
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$137.20
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$147.20
B). The employee contributes $20.00 per pay to the United Way, $20.00 per month to the company social club, and $15.00 per pay for union dues. The employees TD1 federal and provincial codes are both 2.
Net pay for the pay period is:
Multiple Choice
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$1323.55
-
$1352.32
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$1351.68
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$1349.32
C) The employee contributes $20.00 per pay to the United Way, $20.00 per month to the company social club, and $15.00 per pay for union dues. The employees TD1 federal and provincial codes are both 2.
Insurable earnings are:
Multiple Choice
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$1698.46
-
$1597.46
-
$1582.31
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$1682.31
D) The employee contributes $20.00 per pay to the United Way, $20.00 per month to the company social club, and $15.00 per pay for union dues. The employees TD1 federal and provincial codes are both 2.
The gross earnings for the pay period are:
Multiple Choice
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$1682.31
-
$1582.31
-
$1400.00
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$1490.00
E). The employee contributes $20.00 per pay to the United Way, $20.00 per month to the company social club, and $15.00 per pay for union dues. The employees TD1 federal and provincial codes are both 2. Use tax table
The British Columbia tax is: (Use ONLY federal and provincial tax tables to compute tax.)
Multiple Choice
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$54.85
-
$52.30
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$58.90
-
$51.40
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