Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. mathew has worked for colta gas in alberta. his em

Mathew has worked for Colta Gas in Alberta. His employment is terminated on April 13th...

80.2K

Verified Solution

Question

Accounting

Mathew has worked for Colta Gas in Alberta. His employment is terminated on April 13th of the current year.

The following amounts are to be included in Mathew's final pay:
Regular bi-weekly salary $ 2,500. 

Group term life insurance non-cash taxable benefit $ 13.50, 

Vacation pay $ 3,200. 

He also got wages in lieu of notice 8 weeks. 

Mathew has federal and provincial claim codes of 2. 

The regular salary, vacation pay and wages in lieu of notice will be paid together. 

Mathew will not reach the annual maximums for CPP contributions or EI premiums with these payments. 

Calculate the net pay that will be paid to Mathew upon termination.

[ Show full step calculation ]

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

a baseball player bats a ball straight up with an initial speed of 109 miles. it reaches...

Basic Math
Q

what are the agonists, synergists and anatognist of a push up during eccentric and concentric phase...

Medical Sciences
Q

Complete the sentences about acids bases and pH using the words provided 1 A n...

Biology
Q

Solve the equation below 1 2 n 4 n 2 2 n 6n 8

Algebra
Q

What is the area of square WXYZ 10 8 6 Area Submit N W 4...

Algebra
Q

Determine the end behavior for f x x x 3 x 3 As x f...

Algebra
Q

9 Graph the following inequalitics 4x 2 y 6 y x 2

Algebra
Q

Suppose during 2014 that Federal Express reported the following information (in millions): net sales of...

Accounting
Q

Please help me to solve this Wrap Corporation is a job-order costing...

Accounting
Q

Yancy's personal residence is condemned as part of an urban renewal project. His adjusted basis...

Accounting
Q

A machine cost $1344000, has annual depreciation of $224000, and has accumulated depreciation of $1064000...

Accounting
Q

What stakeholder might benefit from the use of international accounting standard?

Accounting