ABC Company showed the following information relating to employees' salaries for the month of October 2021....

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ABC Company showed the following information relating to employees' salaries for the month of October 2021. Gross Wages $4,580.00 $916.00] Income Taxes Canada Pension Plan Contributions $234.00 Employment Insurance Contributions $72.00 Note: The company matches 100% of employees' CPP and 140% of employees' El. Required a) Calculate the company's total expense. Do not enter dollar signs or commas in the input boxes, Round all answers to 2 decimal places. Gross Wages $4580 Canada Pension Plan - company's share $234 Employment Insurance company's share $ Do not enter dollar signs or commas in the input boxes, Round all answers to 2 decimal places, Gross Wages $4580 Canada Pension Plan - company's share $234 Employment Insurance company's share $ Total Expense b) Calculate the employee's net pay. Use the negative sign for values that must be subtracted, Gross Pay Income Taxes $4580 Canada Pension Plan $ Employment Insurance $ Net Pay $ S ABC Company showed the following information relating to employees' salaries for the month of October 2021. Gross Wages $4,580.00 $916.00] Income Taxes Canada Pension Plan Contributions $234.00 Employment Insurance Contributions $72.00 Note: The company matches 100% of employees' CPP and 140% of employees' El. Required a) Calculate the company's total expense. Do not enter dollar signs or commas in the input boxes, Round all answers to 2 decimal places. Gross Wages $4580 Canada Pension Plan - company's share $234 Employment Insurance company's share $ Do not enter dollar signs or commas in the input boxes, Round all answers to 2 decimal places, Gross Wages $4580 Canada Pension Plan - company's share $234 Employment Insurance company's share $ Total Expense b) Calculate the employee's net pay. Use the negative sign for values that must be subtracted, Gross Pay Income Taxes $4580 Canada Pension Plan $ Employment Insurance $ Net Pay $ S

Answer rating: 100% (QA)

a To calculate the companys total expense we need to add up all the expenses related to the employee... View the full answer