Part $2$

$.$a$)$ Convert the following Annual Salaries

Monthly Semi

Monthly Biweekly Weekly

a$)$ $$55,000\mathrm{.}00$

b$)$ $$40,000\mathrm{.}00$

c$)$ $$37,500\mathrm{.}00$

d$)$ $$24,000\mathrm{.}00$

e$)$ $$96,000\mathrm{.}00$

What would each insurable Hours be based on $8$ hour day?

b$)$ Calculate the CPP Basic exemption for

a$)$ Weekly

b$)$ Bi weekly

c$)$ Semi Monthly

d$)$ Monthly

e$)$ Commissioned Salesman whose last cheque was $124$ days ago. c$)$

Calculate Unprorated Maximum

for

a$)$ CPP

b$)$ EI

Calculate CPP maximums for

d$)$ Employee

a$)$ Turned $18$ in Alberta in Aug

b$)$ Turned $70$ in Alberta in Feb

c$)$ Collecting Cpp retirement benefits at age of $60$ in Alberta in May

Collecting CPP disability Benefits in Oct

d$)$

Collecting Cpp retirement Benefits at

age $67$ in Oct $($No election on file$)$

e$)$ Collecting Cpp retirement at $65$ in April $($with election on file$)$