What is cpp deduction for jane and her employer

Assignment Help Managerial Accounting
Reference no: EM133172693

Question - Mrs. Jane is employed by a corporate in BC. Her gross monthly salary is 3,500 which including all benefits. Below is the new federal CPP rate in 2022, what is CPP deduction for Jane and her employer?

Year

Maximum Contributory

Rate (%)

Maximum CPP Employee/Employer Contribution

Annual Basic Exemption

2020

$64,900

5.70

$3,499.80

$3,500

Reference no: EM133172693

Questions Cloud

What is involved in the planning process : 1. Explain the importance of calculating estimates of future and present business recourse needs in accordance with organisational requirements.
Determine the cost of borrowing for each alternatives : Eco Friend Ltd requires to borrow $100,000 to finance a new $150,000 machine to be used in a new building project. Determine the cost of borrowing
What are some ways to produce better timing and convenience : No need explanation. I just need answers. I want you to use your own words. Please do not copy from the internet.
Selling today partnering to create value : The course was, particularly about marketing and sales techniques. it tries to elaborate on some methods which have been used in the selling process in and in m
What is cpp deduction for jane and her employer : Mrs. Jane is employed by a corporate in BC. Her gross monthly salary is 3,500 which including all benefits. What is CPP deduction for Jane and her employer
Identify industry-relevant scholarly sources : An industry (health care, marketing, retail, technology, etc.) with which you are familiar. Using Google Scholar, the GCU Library, or another reputable site, id
Future of religion in canada : Will religion become irrelevant or more relevant to the lives of Canadians in the future? Select a different religion than the one you presented in unit 8.
Discuss three issues in the strategy formulation process : Discuss three issues in the strategy formulation process that FedEx should consider before changing any of its current strategies.
Quantitative Versus Qualitative Data : When it is time to analyze data, the first issue that has to be decided upon is whether or not the data is numerical (quantitative) or non-numerical

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd