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gOOvER gOOvER
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6 years ago
The Brown Roof Company has three employees: an hourly employee, a salaried employee, and an employee who works for a flat fee plus commissions. Payroll information for the most recent week is as follows:

Juan is paid $14 per hour with time and one-half for all hours over 40 per week. Juan worked 49 hours this week.

Maria is paid a salary of $900 per week plus a bonus whenever sales exceed $100,000 for any given week. Sales this week were $100,900. The bonus is 5% of sales in excess of $100,000.

Li is paid a flat $100 per week plus a 10% commission on all her sales. Li's sales for this week amount to $6,800.

Employee income taxes equal 15% of gross earnings. CPP and Employment Insurance deductions equal 4.95% and 1.83% of gross earnings respectively. Juan has $10 per week withheld for a charity organization. All employees pay $20 per week for union dues.

a)   Compute the gross pay for each employee.
b)   Determine the total net pay for all employees combined (ignore annual exemption for the CPP deduction calculation).

[Note: Round all answers to the nearest whole dollar in part (a).]
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
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HanoiHanoi
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6 years ago
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gOOvER Author
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5 years ago
Incredible answer, really thank you
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