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Welch Company has 7 sales employees(claims code 2), each of whom earns $2,500 per month and is paid the last working day of the month
Welch Company has 7 sales employees(claims code 2), each of whom earns $2,500 per month and is paid the last working day of the month and medical insurance premiums of $210 for each employee.
CALCULATE
1. TOTAL WAGES PAID
2. TOTAL EMPLOYER'S SHARE OF CPP CONTRIBUTION
3. TOTAL EMPLOYER'S SHARE OF EI CONTRIBUTION
4. TOTAL FEDERAL TAX DEDUCTION
5. TOTAL PROVINCIAL TAX DEDUCTION
6. TOTAL PAYROLL LIABILITY OF THE EMPLOYER
Note: to calculate CPP,EI and INCOME TAX use the tables FROM the e-learning
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