Payroll Fundamental $1$:

Rosco ltd is a restaurant equipment supply company with offices and retail locations in Ontario and Qu$$bec$.$ The organization started operations in $1995$ and currently has an approximate annual payroll of $$12,000,000$ in each jurisdiction.

The organization is considering terminating the employment of five employees in each jurisdiction. To assist with forecasting the budget for the balance of the year, Nathalie Chan, the Chief Financial Officer, has asked you, as the Payroll Manager, to provide her with the details on all legislated payments on termination of employment required for each jurisdiction. In addition to the required payments on termination, include any employer costs related to the employees$$ statutory deductions.