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in 30 mins Linda Champion, an employee of Stake Technology Inc., worked 171 hours during January. Her pay rate is $10.55 per hour, and her
in 30 mins
Linda Champion, an employee of Stake Technology Inc., worked 171 hours during January. Her pay rate is $10.55 per hour, and her wages are subject to no deductions other than income taxes, El, and CPP. The overtime premium is 100% and is applicable to any time greater than 160 hours per month. Fill in the table below assuming that, El is calculated at 1.88%, income tax at 20%, and CPP at 4.95% of annual earnings greater than $3,500 and less than $50,100. Please make sure your final answer(s) are accurate to 2 decimal places. Regular pay. Overtime premium pay. Gross pay El deduction CPP deduction Income tax deduction Total deductions Net payStep by Step Solution
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