Problem 11-6A The payroll records of Radii Video Productions Inc. provide the following information for the weekly pay period ended September 21. Ex Te Us a t Year-to-Date Earnings Hourly Canada Employ- Hours Earnings Income Pension ment United at End of Employee Worked Rate Molly Dodge 43 Tally Allard George White 49 Luigi Valenti42 20 Tax Plan Insurance Way Previous Week $30 $474.10 00 $%25 $51,500 19,760 20,250 47,050 40 13 10 67.60 22.41 63.70 23.15 9.52 9.79 2 352.00 39.24 Tally Allard and George White work in the office, and Molly Dodge and Luigi Valenti work in sales. All employees are paid time and a half for hours worked in excess of 40 hours per week. Assume that the company contributes an amount equal to 8 percent of each employee's gross pay to a retirement program. Each employee also acrues 4 percent vacation pay based on the gross pay. Show computations. Required 1. Enter the appropriate information in a payroll register similar to Exhibit 11-6. 2. Record the payroll information in the general journal, crediting net pay to Cash. 3. The employer's payroll costs include matching each employee's CPP contribution (employee rate 4.95 percent; maximum $2,306.70) and paying 1.4 times the employee's El premium (employee rate 1.83 percent; maximum $839.97). Record the employer's payroll costs in the general journal 4. Why was there no deduction of CPP or El for Dodge and no deduction of El for Valenti? 5. What would be the vacation pay liability for Radii Video Productions Inc.? Problem 11-6A The payroll records of Radii Video Productions Inc. provide the following information for the weekly pay period ended September 21. Ex Te Us a t Year-to-Date Earnings Hourly Canada Employ- Hours Earnings Income Pension ment United at End of Employee Worked Rate Molly Dodge 43 Tally Allard George White 49 Luigi Valenti42 20 Tax Plan Insurance Way Previous Week $30 $474.10 00 $%25 $51,500 19,760 20,250 47,050 40 13 10 67.60 22.41 63.70 23.15 9.52 9.79 2 352.00 39.24 Tally Allard and George White work in the office, and Molly Dodge and Luigi Valenti work in sales. All employees are paid time and a half for hours worked in excess of 40 hours per week. Assume that the company contributes an amount equal to 8 percent of each employee's gross pay to a retirement program. Each employee also acrues 4 percent vacation pay based on the gross pay. Show computations. Required 1. Enter the appropriate information in a payroll register similar to Exhibit 11-6. 2. Record the payroll information in the general journal, crediting net pay to Cash. 3. The employer's payroll costs include matching each employee's CPP contribution (employee rate 4.95 percent; maximum $2,306.70) and paying 1.4 times the employee's El premium (employee rate 1.83 percent; maximum $839.97). Record the employer's payroll costs in the general journal 4. Why was there no deduction of CPP or El for Dodge and no deduction of El for Valenti? 5. What would be the vacation pay liability for Radii Video Productions Inc