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Payroll Question 3 The payroll department is asked to make a payroll summary of the workers employed by A-Z Company. The two workers, Jane and
Payroll Question 3 The payroll department is asked to make a payroll summary of the workers employed by A-Z Company. The two workers, Jane and Max work for the selling department and the rest for admin department. Jane also contributes $45 to Canada Bond Saving and has instructed the employer to deduct from her pay. Each worker contributes $25 for Union Dues and $55 for hospital insurance. Further information is given to the accountant. Hours worked Weekly Pay Employees John Jane Max 52 Hourly rate $ 28 35 42 43 47 REQUIRED 1. Calculate the following a. Gross salary of each worker b. Tax to be deducted if the rate is 18% c. Employment insurance for both employee and employer (1.87%] d. Canada pension for both employee and employer [4.95%] 2. Make a schedule for the employees using the format. 3. Journalize the pay roll information of employees only. 4. Calculate the total contributions that the employer has to make on his employees in terms of CPP and El
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