Question: VERSION - 4 ASSIGNMENT-1 . Protected View - Saved to this PC out References Mailings Review View Help an contain viruses. Unless you need to
VERSION - 4 ASSIGNMENT-1 . Protected View - Saved to this PC out References Mailings Review View Help an contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editing R: 1.12.3.4.3.109 110 111 112 113 114 115 116 117 118 Spieth Company employees had the following earnings records of the close of the November 30, Monthly payroll period. Name o the Employee Weekly hours Hourly Rate Scott 80 16,50 Quageber 70 18.50 Flint 65 20.00 Okorkwo 85 22:50 Linea 90 25.00 Spieth Company's payroll taxes expense for each employee include: 5.25% CPP on the annual pensionable earnings (with the first $3.500 exempt), and 1.4 times the employees El rate of 1.58%. As well 15% federal 5.05% provincial income taxes will be deducted from the employees' gross pay. Calculate the following for each worker 1 Determine the amount of Gross Earnings 2. Determine the amount of Pensionable Earnings 3. Determine the amount of contributory Earnings 4 Determine the amount of insurable Earnings 5. Determine the amount of Taxable Earings 6. Determine Employee CPP deduction 7. Determine Employee Eldeduction 8. Determine Federal tax deduction 9. Determine fovincial tax deduction 10. Determine Total tax Deductions 11. Total employee deductions 12. Employer CPP contribution 13 Employer contribution 14 Eloyer total benefit expense 15. Employer vos boty o 60
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