Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Sunflower Shop in Oakville, Ontario employs an assistant manager, Anna Swanson, and a part-time assistant, Louise Blanger, to operate the flower shop. Anna has an

Sunflower Shop in Oakville, Ontario employs an assistant manager, Anna Swanson, and a part-time assistant, Louise Blanger, to operate the flower shop. Anna has an annual salary of $52,500 and Louise is paid $16 per hour. Both employees are paid biweekly (every two weeks). In the pay period ended May 31, 2021, Louise worked 92 hours and is paid time and one half for hours worked in excess of 80.

Determine the gross and net pay of each employee, using the following table.

CPP. EI FedralTax ProvincialTax TotalTax

Anna Swanson $93.29 $33.52 $230.29 $116.91 $347.20

Louise Blanger$70.95 $26.03 $150.40 $76.67 $227.07

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions