Hemal Thomas is an employee in British Columbia. The net pay calculation is for the first bi-weekly pay of 2022. The employee is 32 years old and is entitled to 70 hours regular pay at $20/hour, 3 hours of overtime at time - and - a - half, and a $100 safety shoe allowance for this pay period. The employee also receives a monthly car allowance of $200 and the employer pays group life insurance of $35 a month. Vacation at 4% is accrued. The employee contributes $20 per pay to the United Way, $20 per month to the company social club, and $15 per pay for union dues. The employee's TD1 federal and provincial are code 2. (Assume 26 weeks in a year.) Net pay for the pay period is: Multiple Choice $1,345.25. $ 1,356.19. $1,354.30. $1,351.68.
Hemal Thomas is an employee in British Columbia. The net pay calculation is for the first bi-weekly pay of 2022. The employee is 32 years old and is entitled to 70 hours regular pay at $20/hour, 3 hours of overtime at time - and - a - half, and a $100 safety shoe allowance for this pay period. The employee also receives a monthly car allowance of $200 and the employer pays group life insurance of $35 a month. Vacation at 4% is accrued. The employee contributes $20 per pay to the United Way, $20 per month to the company social club, and $15 per pay for union dues. The employee's TD1 federal and provincial are code 2. (Assume 26 weeks in a year.) Net pay for the pay period is: Multiple Choice $1,345.25. $ 1,356.19. $1,354.30. $1,351.68.
College Accounting (Book Only): A Career Approach
12th Edition
ISBN:9781305084087
Author:Cathy J. Scott
Publisher:Cathy J. Scott
Chapter7: Employee Earnings And Deductions
Section: Chapter Questions
Problem 1PB
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Transcribed Image Text:Hemal Thomas is an employee in British Columbia. The net pay calculation is for the first bi-weekly pay of
2022. The employee is 32 years old and is entitled to 70 hours regular pay at $20/hour, 3 hours of
overtime at time - and - a - half, and a $100 safety shoe allowance for this pay period. The employee also
receives a monthly car allowance of $200 and the employer pays group life insurance of $35 a month.
Vacation at 4% is accrued. The employee contributes $20 per pay to the United Way, $20 per month to
the company social club, and $15 per pay for union dues. The employee's TD1 federal and provincial are
code 2. (Assume 26 weeks in a year.) Net pay for the pay period is: Multiple Choice $1,345.25. $
1,356.19. $1,354.30. $1,351.68.
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