Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Jennifer works in retail and makes $16.00 per hour. She also earns $18.50 per hour for all shifts she works as the store supervisor. She

  1. Jennifer works in retail and makes $16.00 per hour. She also earns $18.50 per hour for all shifts she works as the store supervisor. She works in British Columbia and is eligible for overtime for both job codes. Use the following information to calculate her net pay and all deductions using PDOC. Statutory holiday pay is paid out on the cheque it is earned.
    1. a. Jennifer is 25 years old, is married, and has a three-year-old child who is not disabled. Her spouse earns $65,000 per year.
    2. b. Jennifer has worked for this employer for 7 years.
    3. c. For the purpose of calculating her statutory holiday pay, Jennifer has worked 21 days in the 30 days prior to July first, and her regular wages totaled $2,982.00.
    4. d. For overtime purposes, weeks are calculated Monday through Sunday.
    5. e. Pay periods are semi-monthly and run from the 1st to the 15th and the 16th to the end of the month. They are paid out the following Friday. The next pay date is July 22, 2021. YTD amounts are provided below.
    6. f. Vacation pay is paid out on every cheque.

Start time

End time

Supervisor

Codes

27-Jun

Monday

10:00

18:00

Y

28-Jun

Tuesday

11:00

19:00

Y

29-Jun

Wednesday

OFF

30-Jun

Thursday

OFF

01-Jul

Friday

12:00

20:00

Y

02-Jul

Saturday

13:00

21:00

03-Jul

Sunday

12:00

20:00

Y

04-Jul

Monday

10:00

18:00

Y

05-Jul

Tuesday

11:00

19:00

06-Jul

Wednesday

11:00

21:00

07-Jul

Thursday

OFF

08-Jul

Friday

11:00

19:00

Y

09-Jul

Saturday

13:00

21:00

10-Jul

Sunday

12:00

20:00

Y

11-Jul

Monday

10:00

18:00

Y

12-Jul

Tuesday

11:00

19:00

13-Jul

Wednesday

OFF

14-Jul

Thursday

OFF

15-Jul

Friday

11:00

19:00

Y

16-Jul

Saturday

13:00

21:00

17-Jul

Sunday

12:00

20:00

Y

Regular Supervisor Statutory holiday pay Overtime Supervisor OT Total Vacation pay 22,327.19 Federal TD1 amount Provincial TD 

Regular Supervisor Statutory holiday pay Overtime Supervisor OT Total Vacation pay Federal TD1 amount Provincial TD1 amount YTD Pensionable and 22,327.19 insurable earnings YTD El contributions 341.12 YTD CPP contributions 1,073.15 Other deductions Taxable benefits Employee Employer Gross Pay Vacation pay CPP premiums El premiums Income tax Net pay Total to remit

Step by Step Solution

3.50 Rating (153 Votes )

There are 3 Steps involved in it

Step: 1

Regular 56 x 1600 89600 24 x 1850 Supervisor Statutor... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting concepts and applications

Authors: Albrecht Stice, Stice Swain

11th Edition

978-0538750196, 538745487, 538750197, 978-0538745482

More Books

Students also viewed these Accounting questions

Question

When should inventory be valued at the lower of cost or market?

Answered: 1 week ago