Penny works for TSX in Ontario where she is a commissioned salesperson. TSX pays their commissioned salespeople on a straight commission of sales method at 0.7%. Penny is owed her monthly commission payment based on $600,000.00 of products sold. She did not receive an advance. Penny's TD1 federal and provincial are claim code 3. She will not reach the CPP, and Employment Insurance annual maximums this pay period.

Use this information to calculate questions 8-13. Use 2019 rates.

Calculate Pennys gross earnings

Answer:

Question 9

Answer saved

Marked out of 2.00

Calculate Penny's Canada pension plan contribution.

Answer:

Question 10

Not yet answered

Marked out of 2.00

Calculate Penny's Employment Insurance Premium.

Answer:

Question 11

Not yet answered

Marked out of 2.00

Calculate the Federal income tax using the CRA payroll deduction tables.

Answer:

Question 12

Not yet answered

Marked out of 2.00

Calculate the Provincial income tax using the CRA payroll deduction tables.

Answer:

Question 13

Not yet answered

Marked out of 3.00

Calculate Penny's net commission pay.