Grant Teiman is paid $900 for a 40-hour workweek and time and a half for hours...

  

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Grant Teiman is paid $900 for a 40-hour workweek and time and a half for hours worked above 40. Teiman's employer, Jones Ski Corp., pays all the standard payroll expenses plus benefits for the employee pensions (5 percent of gross pay), BC health insurance ($14 per employee per week), and disability insurance ($2 per employee per week). Assume February has four pay periods. Compute Jones Ski Corp's total expense of employing Grant Teiman for the 55 hours that he worked during the first week of February. Use a 5.45% CPP rate and 1.58% El rate Show amounts to the nearest cent. Grant Teiman is paid $900 for a 40-hour workweek and time and a half for hours worked above 40. Teiman's employer, Jones Ski Corp., pays all the standard payroll expenses plus benefits for the employee pensions (5 percent of gross pay), BC health insurance ($14 per employee per week), and disability insurance ($2 per employee per week). Assume February has four pay periods. Compute Jones Ski Corp's total expense of employing Grant Teiman for the 55 hours that he worked during the first week of February. Use a 5.45% CPP rate and 1.58% El rate Show amounts to the nearest cent.

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