Calculate the employees net pay

Assignment Help Financial Accounting

Reference no: EM133633547

Question: Frieda Shore works the Monarch Construction in Alberta and earns an annual salary of $50,000.00 paid on a monthly basis. The company provides its employees with group term life insurance coverage of two times annual salary and pays a monthly premium of $0.74 per $1,000.00 of coverage. Frieda uses her car to meet with clients on company business and receives a taxable car allowance of $50.00 per pay. The company has a defined contribution pension plan to which Frieda contributes 3///5 of her salary each pay. Frieda also contributes $5.00 to United Way and has $5.00 deducted for her social club membership each pay. She belongs to the union and pays 4% of her salary in union dues pay pay period. Frieda's federal and provincial TD1 claim codes are 2. She will not reach the Canada Pension Plan or Employment Insurance anual maximums this pay period. Calculate the employee's net pay, following the order of the steps in the net pay template.

Reference no: EM133633547

Questions Cloud

How might this strategy-strategies work to keep communities : Russo suggest rehabilitation as an alternative to punishment within the criminal justice system. How might this strategy or strategies work to keep communities.

How should the pn respond : The pn administers eye drops to a male client with glaucoma. The clients granddaughter who is staying with him and him primary care. How should the pn respond?

Research and identify one security that you believe : Research and identify one security that you believe is an attractive investment opportunity.

Discuss treatment options that exist for tb in the us : Which populations are at risk for TB, discuss incidence and prevalence, interpret data, and discuss treatment options that exist for TB in the US.

Calculate the employees net pay : Calculate the employees net pay, following the order of the steps in the net pay template

Which component modification to prevent the febrile reaction : The blood components that are to be issued to this patient should undergo which component modification to prevent the febrile reaction?

Describe the selected health care organization : Describe the selected health care organization. This can be about a health care organization in general (i.e., pharmacy) or about a specific organization

Compute the average industry ratios for the price : Compute the average industry ratios for the Price/Earnings ratios, return on equity, debt ratios, Time-interest-earned (Interest coverage), market

Differences between authoritarian and paternalistic : What are the main differences between authoritarian, paternalistic, and democratic leadership roles? Which style do you prefer in a leader?

User Account

All Pages