Spieth Company employees had the following earnings records at the close of the November 30 Bi-weekly payroll period. Name o the Employee Weekly hours Hourly Rate Scott 80 16.50 Quageber 70 18.50 Flint 65 20.00 Okonkwo 85 22.50 Linea 90 25.00 Spieth Company's payroll taxes expense for each employee include 5.25% CPP on the annual pensionable earnings. ( with the first $3,500 exempt), and 1.4 times the employees' EI rate of 1.58%. As well, 15% federal and 5.05% provincial income taxes will be deducted from the employees' gross pay. 

Calculate the following for each worker. 

Determine the amount of Gross Earnings 

Determine the amount of Pensionable Earnings 

Determine the amount of contributory Earnings 

Determine the amount of insurable Earnings 

Determine the amount of Taxable Earnings 

Determine Employee CPP deduction 

Determine Employee EI deduction 

Determine Federal tax deduction 

Determine Provincial tax deduction 

Determine Total tax 

Deductions Total employee deductions 

Employer CPP contribution 

Employer EI contribution 

Employer total Benefit expense 

Employer payroll liability 

Net Pay

Answer rating: 100% (QA)

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