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Sheridan Company has the following data for the weekly payroll ended May 31: Hours Worked Hourly CPP Income Tax Health Employee M Tu W Thi
Sheridan Company has the following data for the weekly payroll ended May 31: Hours Worked Hourly CPP Income Tax Health Employee M Tu W Thi F S Rate Deduction Withheld Insurance A. Kassam 8 10 10 8 7 10 $11 $32.00 $91.10 $10 H. Faas 10 10 9 8 9 6 10 27.94 91.30 18 G. Labute 7 10 8 7 7 0 11 19.41 60.30 16 Employees are paid 1.5 times the regular hourly rate for all hours worked over 40 hours per week. Sheridan Company must make payments to the workers' compensation plan equal to 2% of the gross payroll. In addition, Sheridan matches the employees' health insurance contributions and accrues vacation pay at a rate of 4%. Prepare the payroll register for the weekly payroll. Calculate each employee's El deduction at a rate of 1.58% of gross pay. (Round answers to 2 decimal places, eg. 52.76) Total Employee Hours Regular A. Kassam H. Faas G. Labute Totals 15C Cloudy $ CL Gross Earnings Overtime tA G C M V Ac Gross SHERIDAN COMPANY Payroll Register Income D Pay CPP Tax $ Income Tax Deductions Tint of Health Insurance $ 19 75 Total Net Pay $ $
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