Answered step by step
Verified Expert Solution
Question
1 Approved Answer
marie michaud works for adams Photography in alberta and earns an annual salary of $52,000 paid on a monthly basis.The company's benifit packge incudes group
marie michaud works for adams Photography in alberta and earns an annual salary of $52,000 paid on a monthly basis.The company's benifit packge incudes group term life insurance coverage of two times annual salary ;the monthly group term life insurance premium rate is $0.71per $1,000.00 coverage.Employer pays the insurer 100% of the cost of the life insurancecoverage premium.Marie also receives a taxable car allowance of $35.00 every pay for using her own car to go to client appintments.Her federal and provincial TD1 claim codes are 1.Marie will not reach rhe canada Pension plan or Employment insurance annual maximums rhis pay period.
Marie Michaud works for Adams Photography in Alberta and earns an annual salary of $52,500.00 paid on a monthly basis. The company's benefi package includes group term life insurance coverage of two times annual salary; the monthly group term life insurance premium rate is $0.71 per $1,000.00 of coverage. Employer pays the insurer 100% of the cost of the life insurance coverage premium. Marie also receives a taxable car allowance of $35.00 every pay for using her own car to go to elient appointments. Her federal and provincial TD1 claim codes are 1. Marie will not reach the Canada Pension Plan or Employment insurance annual maximums this pay period Calculate the employee's net pay, following the order of the steps in the net pay template Calculate rhe Employee's bet pay,following the order of the steps in the net pay template.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
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