FREE Trial

Cecilia Hernandez earned $60,100 in 2012 and was paid monthly. She worked for HillSide Tours for all of 2012. What were her CPP and EI deductions in (a) January 2012 (b) December 2012?

Cecilia Hernandez earned $60,100 in 2012 and was paid monthly. She worked for HillSide Tours for all of 2012. What were her CPP and EI deductions in
(a) January 2012
(b) December 2012?

This problem has been solved!


Do you need an answer to a question different from the above? Ask your question!
  • Tutor Answer

Monthly Pay 60100year 12 months 5008 a January 2012 CPP deduction 5008 …View the full answer


answer-question
Related Book For  answer-question
Accounting Principles Part 2

Accounting Principles Part 2

ISBN: 978-1118306796

6th Canadian edition Volume 1

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow

See More Books
Question Details
Chapter # 3
Section: Brief Exercises
Problem: 16
Posted Date: March 30, 2017 12:19:33
See More Questions

Students also viewed these Cost Accounting questions

Q:
Cecilia Hernandez earned $60,100 in 2015 and was paid monthly. She worked for Hill Side Tours for all of 2015. Using the formulas, what were her CPP and EI deductions in (a) January 2015 and (b)...
A:
Monthly Pay 60100year 12 months 500833 a January 2015 CPP deduction 50083......
Q:
Earnhart Corporation has outstanding 3,000,000 shares of common stock of a par value of $10 each. The balance in its Retained Earnings account at January 1, 2012, was $24,000,000, and it then had...
A:
a May 5 2012 Retained Earnings 1800000 Dividends Payable 1800000 Declaration of cash dividend of 060......
Q:
Assume that Marcy Jones is a marketing director in Metro Mobility's head office in Toronto. During 2012, she worked for the company all year at a $6,500 monthly salary. She also earned a year-end...
A:
Req 1 gross pay and net pay Gross pay Salary earnings 6500 12 7800000 Bonus 78000 020 1560000 Gross......
Q:
Burger Doodle is a fast-food restaurant that processes an average of 680 food orders each day. The average cost of each order is $6.15. Four percent of the orders are incorrect, and only 10% of the...
A:
a b 32266 c It is likely that some customer......
Q:
Samson Winery in Pleasant Valley, New York, has two departments: Fermenting and Packaging. Direct materials are added at the beginning of the fermenting process (grapes) and at the end of the...
A:
Req 1 Req 2 Samson Winery Cost of Production Fermenting Department Partial Month Ended March 31 Whol......
Q:
For the population in Example 2.2, consider the following sampling scheme: a. Find the probability of selection Ïi for each unit i. b. What is the sampling distribution of...
A:
a Unit 1 appears in samples 1 and 3 so 1 P......
Q:
H (K J).(J H) (H K) Use truth tables to determine whether the following pairs of symbolized statements are logically equivalent, contradictory, consistent, or inconsistent. First, determine...
A:
Click to View...
Q:
Sanyu Sony started a new business and completed these transactions during December. Dec. 1 Sanyu Sony transferred $65,000 cash from a personal savings account to a checking account in the name of...
A:
Part 1 2 Part 3 Part 4 If the December 1 investment had been 49000 cash instead of 65000 and the 160......
Q:
Formulate sql statement to list all the data items. (b) Formulate sql statement to list students and the courses taken in the fall semester. (3 marks) (c)Formulate sql statement to list students...
A:
Here are SQL statements to perform the requested operations a Formulate SQL statement to lis......
Q:
Janet Black, the owner of Janets Catering, has delegated the management of the business to Danielle Vale, a friend. Black drops by to meet customers and check up on cash receipts, but Vale buys the...
A:
Vale could be Black could investigate by 1 Writing business checks to herself 1 Performing the bank......
Q:
Suncor Energy Inc. reported the following current assets and current liabilities (in millions) at December 31, 2011: Accounts payable and accrued liabilities ........................ $7,755 Accounts...
A:
a SUNCOR ENERGY INC Partial Balance Sheet December......
Q:
In 2012, Viktor Petska was paid a gross salary of $1,075 on a weekly basis. For the week ended May 11, 2012: (a) Calculate his CPP and EI deductions (b) Use the excerpts in Illustration 10A-3 to...
A:
Gross salary for the week 1075 a CPP 1......
Q:
A minor league baseball executive has become concerned about the slow pace of games played in her league, fearing that it will lower attendance. She meets with the leagues managers and umpires and...
A:
a Step 1 H 0 185 minutes H 1 185 minutes Step 2 Since the population standard deviation......
Q:
A nurse is explaining myasthenia gravis to a family. Which of the following points would be included in the explanation? a. It is thought to be an autoimmune disease. b. It is associated with...
A:
The correct points that would be included in the nurses explanation of myasthenia gravis are a It is thought to be an autoimmune disease Myasthenia gr......
Q:
Indirect-acting cholinergic agents a. React with acetylcholine receptor sites on the membranes of effector cells. b. React chemically with acetylcholinesterase to increase acetylcholine...
A:
Indirectacting cholinergic agents are substances that affect the activity of the neurotransmitter ac......
Q:
A patient with myasthenia gravis is no longer able to swallow. Which of the following would the nurse expect the physician to order? a. Rivastigmine b. Memantine c. Pyridostigmine d. Edrophonium
A:
c Pyridostigmine Myasthenia gravis MG is an autoimmune disorder that affects the neuromuscular junct......
Q:
For each of these symbols, write out the full name of the base and of the nucleoside. Indicate which are components of DNA and which are components of RNA: a. T b. A c. G d. C e. U
A:
The symbols youve provided correspond to the nitrogenous bases found in DNA and RNA molecules Here a......
Q:
What is a lethal allele? Would you expect most lethal alleles to be recessive (that is, only ll is fatal), or would you expect many of them to be dominant (LL and Ll are both fatal)? Do you think a...
A:
A lethal allele is an allele one of the alternative forms of a gene that can cause the death of an organism typically during early development or at s......
Q:
What is the concept of reasonable assurance? What are the key limitations of an internal control system?
A:
Reasonable assurance is closely related to the costbenefit rule By definition reasonable assurance r......
Q:
The following information is for Montreal Gloves Inc. for the year 2020: Manufacturing costs Number of gloves manufactured Beginning inventory $ 3,016,700 311,000 pairs 0 pairs Sales in 2020 were...
A:
Answer The cost of goods sold for 2020 Cost of goods sold 3007000 Cos......
Q:
Convert the absorbing stochastic matrix to standard form? 1. 2. 3. 4. B C .51 3 1 cL5 0 .1 A B
A:
1 2 3 4......
Q:
Which of the stochastic matrices in Exercises 1-4 are regular? 1. 2. 3. 4. 0 01 100 001 1 12 0
A:
1 Since It follows that any power of Contains zeroes So this matrix is not regular 2 Sinc......
Q:
In Exercises 1-2, find an SVD of the indicated matrix. 1. 2. 0 9
A:
1 We have The characteristic polynomial of A T A is Thus the eigenvalues are 1 4 and 2 0 and so the......
Q:
1. Internal controls are concerned with A) only manual systems of accounting. B) the extent of government regulations. safeguarding assets. C) D) preparing income tax returns. 2. Having one person...
A:
ANSWER 1 C Safeguarding assets Safeguarding of assets is defined in paragraph 7 as those policies and procedures that provide reasonable assurance regarding prevention or timely detection of unauthori......
Q:
The Arizona Department of Transportation wishes to survey state residents to determine what proportion of the population would like to increase statewide highway speed limits to 75 mph from 65 mph....
A:
The worst case would be for p......
Q:
What legal strategies and corporate benchmarks should be taken to address such problems in the future?
A:
Legal strategies and corporate benchmarks to address similar issues in the future should inc......
Q:
Use indirect truth tables to determine whether the following arguments are valid or invalid.
A:
Click to View...
Q:
Financial Condition. Write the letters a through o on a sheet of paper. Beside each letter, put a plus (+) if a high or increasing value of the item is generally associated with stronger financial...
A:
a f or NE Note a k b g l c h m d i n NE Note b e j o NE......
Q:
Compass Sdn Bhd enter into a lease agreement of machine F2030 with red tech Sdn Bhd on 1 Jan 2020. In the agreement redtech Sdn Bhd is expected to pay deposit of RM 100000 on the day if contract. The...
A:
i Accounting Treatment for Lessor For each of the leased machines Compass Sdn Bhd the lessor should......
Q:
Net present value , Internal Rate of Return, Sensitivity Analysis. Francesca Freed wants a Burg-N- Fry franchise. The buy-in is $500,000. Burg-N-Fry headquarters tells Francesca that typical annual...
A:
Net present value Internal Rate of Return Sensitivity Analysis 1 Given the annual operating cash outflows of 160000 and the payment of 10 of revenues 10 260000 26000 the net cash inflows for each peri......
Q:
Determine whether the transition diagram corresponds to an absorbing stochastic matrix. 1. 2. 3. 4. D .5 3 .5 .6 .2 .5 .2 D .2 .5
A:
1 Yes the states A and B are absorbing and its possible to get A a......
Q:
Exercises 19 and 20 refer to Example 7. 1. Interpret the entry .79 in the fundamental matrix. 2. If the gambler begins with $2, what is the expected number of times that he will play before quitting?...
A:
1 If the gambler begins with 2 he s......
Q:
Refer to Exercise 10.3.10. Invent a fictitious data set on coronary treatment and angina for 1,000 patients, for which r{Yes | A} is twice as great as r{ Yes | B}, but nevertheless the majority of...
A:
There is no single correct response One typical respon......
Q:
Write a method isPalindrome() that takes a String and returns whether it is a palindrome or not. Write a method longest_palin() that takes a string and returns the longest substring in it that is a...
A:
Click to View...
Q:
Create two classes (class1 & class2, one for each thing - choose a good name for each class), for each class: Identify at least 3 attributes - an int/double, a String, a boolean and a constant must...
A:
Ill provide you with a Java program that includes two classes Class1 and Class2 and a main class to demonstrate object creation attribute manipulation......
Q:
Aira Bautista distributors and Vince Angeles Retailers engaged in the following transactions during the month of May 2018. May 2018 3 in 5 6 7 11 12 13 17 20 24 28 29 30 31 Vince purchased...
A:
Sure lets prepare the journal entries for Vince Angeles for the transactions that occurred during th......
Q:
Apply the provisions of some of the common codes for accountants in the United States. The following are the scenarios you will use to complete this assignment: Eduardo Sanchez, CIA, Audit Manager...
A:
The Institute of Internal Auditors IIA Code of Ethics provides guidance for internal auditors in situations like the one faced by Eduardo Sanchez CIA......
Q:
Jim deposits $5,000 today in his account, compounded annually. What will be the balance in his account at the end of 6 years with an interest rate of 5% if he makes no withdrawals.
A:
To calculate the future balance of Jims account when compound......
Q:
The trial balance before adjustment of Taylor Swift Inc. shows the following balances. Instructions Give the entry for estimated bad debts assuming that the allowance is to provide for doubtful...
A:
a Bad Debt Expense 5350 Allowance f......
Q:
An investor sells a European call on a share for $4. The stock price is $47 and the strike price is $50. Under what circumstances does the investor make a profit? Under what circumstances will the...
A:
The investor makes a profit if the price of the stock is below 54 on the expiration dat......
Q:
Consider the problem of testing the equality of two normal means when the variances are unequal. This problem was introduced on page 593 in Sec. 9.6. The data are two independent samples X1, . . ....
A:
a We shall use the same approach as in Exercise 12 of Sec 126 Let the parameter be 1 2 where is the common value of 1 2 Each pair of parameter values......
Q:
Consider again the situation described in Exercise 11. This time, use simulation to assess the performance of the usual two-sample t test. That is, use the same simulations as in part (c) of Exercise...
A:
I used the same simulations as in Exercise 11 but computed the statistic U from 96......
Q:
In Exercise 5, the following scenario was presented: As a promotion, a cereal brand is offering a prize in each box and there are four possible prizes. You would like to collect all four prizes, but...
A:
a 1000 b 6 representing the six boxes of cereal you plan......
Q:
Prepare journal entries to record the following grant-related transactions of an enterprise fund activity. Explain how these transactions should be reported in the enterprise funds financial...
A:
1 Cash 3000000 Deferred operating grant revenue 3000000 To record receipt of grant Deferred grant re......
Q:
1. Some of the figure-skating finalists are performers who are athletes that may win medals. 2. All cars identical to BMWs are the only cars that young lawyers drive. 3. All vertebrates except...
A:
1 Some figure skating finalists are performers who may win medals 2 All car......
Q:
The SBRU information system includes four subsystems: Resort relations, Student booking, Accounting and finance, and Social networking. The first three are purely Web applications, so access to those...
A:
1 Integrity and security are most important for financial transactions and for personal information......
Q:
Encouraging toy-gun play gives children a clear message that the best way to deal with frustration and conflict is with a gun. Is this the message that we want to be sending our kids? The following...
A:
Click to View...
Q:
Parry Company has accounts receivable of $95,400 at March 31, 2012. An analysis of the accounts shows these amounts. Credit terms are 2/10, n/30. At March 31, 2012, there is a $2,100 credit balance...
A:
a Accounts Receivable Amount Estimated Uncollectible Current......
Q:
a. Explain the general principle of dynamic programming. b. Explain the problem of the matrix chain product. c. Explain the meaning of the following formula in the context of the matrix chain-...
A:
a In dynamic programming given a problem it is divided into subproblems and we solve those subproble......
Q:
The October 1, 2017, records of First Data Communications include these accounts: Accounts Receivable........................................................................ $230,000 Allowance for...
A:
Req 1 Journal DATE ACCOUNT TITLES AND EXPLANATION DEBIT CREDIT Nov 30 Allowance for Uncollectible Ac......
Q:
Perform a simulation study, and generate 100 participants from a binomial distribution with p = .2 and 100 participants from a binomial distribution with p = .1. Test to determine whether the...
A:
In MINITAB we generate 100 rows of random data following a Bernou......
Q:
What should the theoretical power be for the exercise in Problem 10.117? How do the estimated power and theoretical power compare? Simulation Suppose we are planning a clinical trial and expect a 20%...
A:
We use the power formula for comparing two binomial proportions see Equation 1014 in......
Q:
Explain how enzymes break down macromolecules. What is the role of water? What bonds are broken, what bonds are formed? Examine Figure 8.16 as you develop your answer.
A:
When breaking down macromolecules the enzyme holds the substrate molecule so that th......
Q:
Here is some Pseudocode for a dice game to make with python. Simulate a random die roll. Be as simple as possible. Set the turn number to 1 # Let the user enter die roll values from a command line....
A:
Python code for the dice game import random Set the turn number to 1 turnnumber 1 Get the u......
Q:
Calculate the value of a one year European put option on a stock that currently trades at $70 and can either move to $80 or to $60 at the end of the year. The strike price of the put option is $70...
A:
To calculate the value of a oneyear European put option you can use the BlackScholes formula Here ar......
Q:
The accounting profit before tax of Rakiura Ltd for the year ended 30 June 2024 was $6 720. It included the following revenue and expense items. Government grant (non-taxable) Entertainment expense...
A:
Current Tax Worksheet Start with the accounting profit before tax 6720 Add back nontaxable revenue G......
Q:
How and why is personal finance essential to everyone, especially to students? Give examples and tips
A:
Personal finance is essential for everyone but it holds particular significance for students due to the unique financial challenges they face Heres a comprehensive overview of why and how personal fin......
Q:
Suppose we have a rod that is 1.8 metres long. The rod has been heated so that its temperature is: u(z, 0) 42.95 if z < 1.04 88.4 otherwise The rod is insulated at both ends, so that uz (0, t) =...
A:
The table below shows the temperature of the rod in degrees at the zcoordinates times and k values I......
Q:
A compound has a molecular formula of C8H14O4, and its infrared spectrum contains an intense peak at 1730 cm -1. The 1H NMR spectrum of the compound is shown in Figure 20.11. What is its structure?...
A:
The compound has the characteristic tripletquartet pattern of an ethyl group......
Q:
The first law of thermodynamics is sometimes whimsically stated as, You cant get something for nothing, and the second law as, You cant even break even. Explain how these statements could be...
A:
The first statement You cant get something for nothing is a whimsical way of saying that energy is......
The Neuroscience Of Addiction 1st Edition - ISBN: 110712798X - Free Book