What is ei deduction for jane and her employer

Assignment Help Managerial Accounting
Reference no: EM133163639

Question - Mrs. Jane is employed by a corporate in BC. Her gross monthly salary is 4,500 which including all benefits. Below is the new federal EI rate in 2022, what is EI deduction for Jane and her employer?

Year

Maximum annual insurable earnings

Rate (%)

Maximum annual employee premium

Maximum annual employee premium

2020

$60,300

1.58

$952.74

$1,333.84

Reference no: EM133163639

Questions Cloud

On-road integrated optimization-navigation technology : 1. Why is the quest for being efficient and safe important to United Parcel Service (UPS)?
Determine your required coverage amount : You bought a house for $200,000. Your insurance requirement is 85%. Determine your required coverage amount
Forcing and yielding when dealing with conflict : What are the characteristics, pros, and cons, when best to use - each of the two methods that is Forcing and Yielding when dealing with conflict.
Challenges that have emerged due to the firm growth : (i) Identify TWO (2) HR challenges that have emerged due to the firm's growth.
What is ei deduction for jane and her employer : Her gross monthly salary is 4,500 which including all benefits. Below is the new federal EI rate in 2022, what is EI deduction for Jane and her employer
Implement for the network failover solution : Identify which hypervisor software you will be using - Suggest a different solution to implement for the Network Failover solution
Skills inventories and management inventories : What is the difference between Skills Inventories and Management Inventories?
How much in dividends did the firm pay : On 12/31/2020, Hite Industries reported retained earnings of $502,500 on its balance sheet, How much in dividends did the firm pay during 2020
Discussion with appropriate use of management concepts : Ms, Emma, is a Senior Manager, in the Human Resources Department in the HPO company. The company is a Pharma company based in Singapore.

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