Calculate weekly earnings

ACCT 105 - Chapter 10 Assignment The payroll clerk for Marlin's Maps Co. has assembled the following data for the company's four employees and has asked you to complete the payroll register. Hours in excess of 8 hours in any day and over 40 in any week are paid at time-and a half. Income tax is calcuated at 20%, CPP at 5. 10% and El at 1.62%. Remember to take into consideration the $3,500 exemption for CPP, as well as the maximums for both CPP and El. You must: 1. Complete the payroll summary for the week ending July 30. 2. Prepare the entry necessary to record the payroll CPP to Union Employee Daily Time Rate of Pay Dept. Date Dues Medical M T W T F S Marcus 9 8 7 11 8 8 $1400.00/week| Mgr. $2748.90 44 Mahima 8 8 10 12 5 $20.00/hr Office $1862.15 25 34 Mary 10 7 8 $24.00/hr Office $2728.45 25 44 Malik 8 9 8 9 8 6 $20.00/hr Office $1967.09 25 34 *Marcus has a weekly salary. This employee has already earned $55, 100 so far this year. Calculations for Weekly Earnings