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Hemal Thomas is an employee in British Columbia. The net pay calculation is for the...

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Accounting

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 pay 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 employees TD $1$ federal and provincial are code $2 .$

$12)$ CPP contribution is:

a $)$ $ $83.44$

b $)$ $ $79.78$

c $)$ $ $79.13$

d $)$ $ $73.76$

$13)$ EI Premium is:

a $)$ $ $25.00$

b $)$ $ $26.27$

c $)$ $ $31.63$

d $)$ $ $29.75$

$14)$ Gross taxable earnings are:

a $)$ $ $1490.00$

b $)$ $ $1698.46$

c $)$ $ $1598.46$

d $)$ $ $1682.31$

$15)$ Net taxable earnings are :

a $)$ $ $1583.46$

b $)$ $ $1698.46$

c $)$ $ $1598.46$

d $)$ $ $1682.31$

$16)$ Federal income tax is:

a $)$ $ $147.20$

b $)$ $ $123.25$

c $)$ $ $137.20$

d $)$ $ $155.15$

$17)$ British Columbia tax is :

a $)$ $ $50.20$

b $)$ $ $54.85$

c $)$ $ $53.70$

d $)$ $ $58.90$

$18)$ Total deductions are:

a $)$ $ $326.12$

b $)$ $ $377.06$

c $)$ $ $330.63$

d $)$ $ $347.99$

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