Question
Hi Chegg please provide a step by step solution 1) Jasmine had a semi-monthly gross pay of $2,000. She had $500 deducted for income tax,
Hi Chegg please provide a step by step solution
1) Jasmine had a semi-monthly gross pay of $2,000. She had $500 deducted for income tax, $91 deducted for CPP and $37 deducted for EI. Calculate (a) how much must the employer must contribute for EI and (b) how much the total liability will be for EI.
Select one:
a. (a) $52 (b) $89
b. (a) $52 (b) $104
c. (a) $37 (b) $74
d. (a) $37 (b) $91
2) Jasmine had a semi-monthly gross pay of $2,000. She had $500 deducted for income tax, $91 deducted for CPP and $37 deducted for EI. Calculate (a) how much must the employer must contribute for income tax and (b) how much the total liability will be for income tax.
Select one:
a. (a) $0 (b) $500
b. (a) $500 (b) $500
c. (a) $500 (b) $1,000
d. (a) $0 (b) $0
3) If an employee is paid bi-weekly, what is the amount of the bi-weekly CPP exemption amount? (Hint: The annual CPP exemption amount is $3,500).
Select one:
a. $67.30
b. $134.61
c. $291.66
d. $145.83
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