Question: For the payroll week ending on October 9 (the 41st payroll period of the year), the three following employees had gross earnings as indicated. Each

For the payroll week ending on October 9 (the 41st payroll period of the year), the three following employees had gross earnings as indicated. Each had been employed at the same salary since January 1:
Beth Hudson…………………….. $1,100
John Wong………………………. 975
Ida Hastings…………………….. 850
Without using tables, compute the amount of CPP and EI to be deducted from each employee for payroll No. 41.

Step by Step Solution

★★★★★

3.47 Rating (163 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

Beth Hudson CPP 5112 EI 0 ... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

725-B-A-B-S-C-F (2349).docx

120 KBs Word File

Students Have Also Explored These Related Accounting Questions!

For the payroll week ending on September 30 (the 39th payroll period of the year), the three following employees had gross earnings as indicated. Each had been employed at the same salary since...

The four employees for JackWorks are paid on an hourly basis. During the week of December 25-31, 2016, these employees worked the hours indicated. Information about their hourly rates, marital...

The four employees for ACWorks are paid on an hourly basis. During the week of December 25-31, 2019, these employees worked the hours indicated. Information about their hourly rates, marital status,...

CDE3. For the payroll week ending on October 9 (the 41st payroll period of the year), the following three employees had gross earnings as indicated. Each had been employed at the same salary since...

For the payroll week ending on October 9 (the 41st payroll period of the year, the following three employees had gross earnings as indicated. Each had been employed at the same salary since January 1...

For the payroll week ending on September 30 (the 39th payroll period of the year), the three following employees had gross earnings as indicated. Each had been employed at the same salary since...

3. Assume that Mrs. Ivorys real income will not change over the next sixteen years. Use the mean real income from question 1 to determine projected real income for the future sixteen years of Mrs....

I need help with my accounting test. Especially, I need solutions for problem number 1 to problem number 5 , and the rest of this my ACTG 100 TEST . Thank you ACCOUNTING 100 TEST 2 CHAPTERS 6-10...

2 Required information Part 1 of 3 Use the following information for the Exercises below. (Static) [The following information applies to the questions displayed below.] 2 BMX Company has one...

Investigate an existing organizations current innovation activities like Apple Company. Address clearly all the following points: (1) The organizational structure and culture. (2) How have the...

The pharmaceutical industry is characterized by the high profits and high risks associated with bring ing new drug compounds to market For every 1000 new drug compounds identified by companies only...

What are some common errors writers make with adverbs? How can these errors be avoided?

From the data in Table 3.8, estimate the proportion of workers in the plant having low or medium exposure to pulmonary Stressors. Give 95% confidence intervals for this estimated proportion.

Lenny Corporation was authorized to issue 27,000 shares of common stock . Record the journal entry for each of the following independent situations, assuming Lenny issues 6,200 shares at $17 on July...

On July 10, 201X, Quincy Corporation issued 2,800 shares of common stock with a par value of $102 in exchange for equipment with a fair market value of $327,000. Journalize the appropriate entry.

Marble Corporation in its first three years of operation paid out the following dividends: Year 1: $0 Year 2: $29,000 Year 3: $86,000 Given that Marble has 2,900 shares of $104 par 10.0%...

You've collected the following information from your favorite financial website. a. Using the dividend yield, calculate the closing price, for Winter Sports on this day. Note: Do not round...

Ryan wants to retire in 1 0 years when he turns 6 5 but has determined he will need $ 1 , 0 0 0 , 0 0 0 to quit his job and live a lifestyle that is comfortable with him. He currently has $ 3 5 0 , 0...

Based on the cash flows given below, calculate the Pl of a project that has a required rate of return of 14 percent. Also, indicate whether the project should be accepted. (Round answer to 2 decimal...