Question
Majic Corporation sells phone cases to public and private companies the employee 200 full-time employees who work in sales, customer service and office support roles
Majic Corporation sells phone cases to public and private companies the employee 200 full-time employees who work in sales, customer service and office support roles .
They have had an annual remuneration of over $1,000,000 for the past several years therefore their EHT rate is 1.95% Pay period started December 22 ,2019. All are on a bi-weekly basis the first payday for these employees is Friday, January 10, 2020 they have three staff in the customer service department answering questions from clients and the general public.
Marika has been with Majic for 5 years and is the customer service supervisor. She earns $2000 biweekly working 35 hours per week Her employer provides the following
health and dental fully paid for by the employer at a monthly cost of $469.00
group Term life insurance 2x her annual salary at a cost of $0.69 per month per $1000 of coverage paid for the employer.
AD&D - $50000 at cost of $0.19 per month per $1000 of coverage paid for by the employer.
she has the following personal deductions from her pay :
$5.00 per pay donation to the United Way Federal and Provincial income tax - she is claiming maximum tax plus an additional $10.00 per pay
what is her Gross pay?
what is her taxable income?
what is her CPP contribution?
what is her EI premium?
what is her Federal and provincial taxes?
what is her Group term life insurance?
what is her AD &D?
What is her United way?
what is her Net pay?
what is her Employer health tax?
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Gross pay 2000 Taxable income 1890 CPP contribution 38 EI premium 19 Federal and provincial taxes 24...Get Instant Access to Expert-Tailored Solutions
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