Calculate Meliisa gross pay and payroll deductions

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Question - During 2016 Meliisa worked for the employer all year at a $6 500 monthly salary. She also earned a year-end bonus equal to 15% of her annual salary.

Meliisa's income tax withheld during 2016 was $820 per month, plus $2480 on her bonus cheque. Ann authorised the following payroll deductions: charitable fund contribution of 1 % of total earnings, and life insurance of $20 per month.

Employer incurred payroll tax expense of 8% of the total payroll. The bank provided Meliisa with the following benefits: private health insurance at a cost of $40 per month, and superannuation benefits to be paid to Ann during her retirement. During 2016, the bank's cost of Meliisa's superannuation plan was $8100.

Required - Calculate Meliisa' gross pay, payroll deductions and net pay during 2016.

Reference no: EM132755515

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