Question 1: Kate works for Priority Packaging in Alberta and is paid $987.98 weekly. She contributes 4% of her gross earnings to a Registered Retirement Savings Plan each pay. Kate pays $24.00 weekly for union dues and receives a group term life insurance non-cash taxable benefit of $27.00 each pay. Her federal and provincial TD1 claim codes are 1 and she will not reach the annual maximums for Canada Pension Plan or Employment Insurance with this payment.

Determine the following calculations:

a, Gather all information for the payroll processing

b, Gross Earnings

c, Taxable Benefits

d, Calculate Pensionable Earnings and determine CPP Contributions

e, Calculate Insurable Earnings and determine EI Premium

f, Qubec Parental Insurance Plan

g, Calculate Gross Taxable Earnings

h, Calculate Net Taxable Earnings

i, Federal Income Tax Deduction (Use CRA Tables or PDOC)

j, Provincial Income Tax Deduction (Use CRA Tables or PDOC)

k, Northwest Territories/Nunavut Payroll Tax

l, Total Deductions

m, Net Pay