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Karen is paid $12.00 per hour for her work as a cashier at an Alberta retail outlet. Her employer pays a standard overtime rate. Her
Karen is paid $12.00 per hour for her work as a cashier at an Alberta retail outlet. Her employer pays a standard overtime rate. Her regular workday is eight hours and 40 hours per week.
- What are her gross earnings in a single week from Sunday to Saturday where Karen worked 12, 8, 12, 8, 0, 8, and 8 hours, respectively?
- If this represents a typical week for Karen, what are the federal and provincial income taxes that should be deducted from her biweekly paycheques (assume 52 weeks in a year)?
Tax Barckets for Alberta from the book:
$0.00$17,593.00* 0% $17,593.01 and up 10%
2013 Federal Taxes from the book:
Taxable Income Tax Rate $0.00$11,038.00* 0% $11,038.01$43,561.00 15% $43,561.01$87,123.00 22% $87,123.01$135,054.00 26% $135,054.01 and up 29%
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