Calculate Kristines final payments

Reference no: EM132749655

Question - Kristine Laremy has worked for Magnex Corp. in Alberta since she turned 21, in August, 2000. Magnex Corp. does not have a pension plan for its employees. Her employment is terminated on October 15, 2019, due to company restructuring. The following amounts are relevant to Kristine's final pay:

Regular semi-monthly salary: $3,000.00 (unchanged all year)

Taxable Car Allowance per pay: 100.00

Group term life insurance benefit per pay: $23.40

Vacation pay owing: $5,185.38

Wages in lieu of notice: 8 weeks

Retiring allowance: $40,000.00 (ignore for parts a through k)

Kristine has federal and provincial claim codes of 2. Her regular salary, vacation pay and wages in lieu of notice will be paid together; her retiring allowance will be paid separately. Calculate Kristine's final payments.

Reference no: EM132749655

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