U-Knit Company operates in Winnipeg, and all the employees who work for them work and live in
Question:
U-Knit Company operates in Winnipeg, and all the employees who work for them work and live in Winnipeg. The rate given to the company for WCB coverage is $1.19 per $100 of assessable payroll. Calculate the assessment due to WCB for 2021 based on the following payroll information: 8 MARKS
Employee Name | Gross Earnings | Assessable Taxable Benefits | Assessable Earnings |
Mary Anvil | $116,897.60 | $16,578.90 | $ |
John Cuthbert | $19,564.00 | NIL | $ |
Jane Gull | $123,008.54 | $11,653.80 | $ |
Pam Keep | $55,000.00 | $2,587.55 | $ |
Marcel Paige | $33,766.45 | $965.44 | $ |
Fran Webster | $10,000.00 | Nil | $ |
Total Assessable Earnings | $ | ||
Rate per $100 | $ 1.19 | ||
Total Amount Due to WCB | $ |
1. Calculate Mary Anvil's Assessable Earnings
2. Calculate John Cuthbert's Assessable Earnings
3. Calculate Jane Gull's Assessable Earnings
4. Calculate Pam Keep's Assessable Earnings
5. Calculate Marcel Paige's Assessable Earnings
6. Calculate Fran Webster's Assessable Earnings
7. Calculate the Total Assessable Earnings
Managing Operations Across the Supply Chain
ISBN: 978-0078024030
2nd edition
Authors: Morgan Swink, Steven Melnyk, Bixby Cooper, Janet Hartley