Question
Olson Bakers is determining the payroll amounts for the month ending June 30, 2019. Its employees earned a total of $5,000 in gross pay.
Olson Bakers is determining the payroll amounts for the month ending June 30, 2019. Its employees earned a total of $5,000 in gross pay. Assume the following amounts: Canada Pension Plan: $212.5 Employment Insurance: $87.5 Federal and Provincial Income Tax: $1,250 Health Insurance (employer contributes the same amount): $175 Union Dues: $200 Given the problem above, calculate the employer's contributions to employee benefits. $1,960 $1,925 $510 $475
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Management Accounting
Authors: Charles T. Horngren, Gary L. Sundem, William O. Stratton, Phillip Beaulieu
6th Canadian edition
013257084X, 1846589207, 978-0132570848
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