A company has 10 employees who earned a total of $30,000 in January ($3,000 each) CPP taxes are 4.95% paid by employees and 4.95% paid by the employer. Income tax withholdings amount to $4,500 The employee EI rate is 1.88% of the total, and the employer EI contribution is 14 times the employee portion. What is The gross pay of the 10 employees during January?

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During Janua... View the full answer