Question
Lynne Duggan, age 16 is a summer student working part-time for a wrestling magazine in Manitoba. This is her first job, and has not paid
Lynne Duggan, age 16 is a summer student working part-time for a wrestling magazine in Manitoba. This is her first job, and has not paid any CPP or EI. Lynne works 14 hours per week at a rate of $14.50 per hour and is paid bi-weekly. On this pay period, Lynne worked her usual 14 regular hours per week, but was also paid 7.5 hours of overtime. Wrestling magazine pays two times the employee’s rate for all overtime.
1. Calculate and record the Gross Earnings
2. Calculate and record the Federal Claim Code
3. Calculate and record the Manitoba Claim Code
4. Calculate and record the Employee’s CPP deduction
5. Calculate and record the Employer’s CPP deduction
6. Calculate and record the Employee’s EI deduction
7. Calculate and record the Employer’s EI deduction
8. Calculate and record the Federal Tax deduction
9. Calculate and record the Provincial Tax deduction
Step by Step Solution
3.40 Rating (163 Votes )
There are 3 Steps involved in it
Step: 1
1 Gross Earnings 1450 x 14 75 23375 2 Federal Claim Code 0 3 Manitoba Cl...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started