Lynne Duggan, age 16 is a summer student working part-time for a wrestling magazine in Manitoba. This is her first job, and has not paid any CPP or El. Lynne works 14 hours per week at a rate of $14.50 per hour and is paid bi-weekly. On this pay period, Lynne worked her usual 14 regular hours per week, but was also paid 7.5 hours of overtime. Wrestling magazine pays two times the employee's rate

College Accounting (Book Only): A Career Approach
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ISBN:9781305084087
Author:Cathy J. Scott
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Chapter7: Employee Earnings And Deductions
Section: Chapter Questions
Problem 2E
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Lynne Duggan, age 16 is a summer student
working part-time for a wrestling magazine in
Manitoba. This is her first job, and has not
paid any CPP or El. Lynne works 14 hours per
week at a rate of $14.50 per hour and is paid
bi-weekly. On this pay period, Lynne worked
her usual 14 regular hours per week, but was
also paid 7.5 hours of overtime. Wrestling
magazine pays two times the employee's rate
for all overtime.
1. Calculate and record the Gross Earnings
2. Calculate and record the Federal Claim
Code
3. Calculate and record the Manitoba Claim
Code
4. Calculate and record the Employee's CPP
deduction
5. Calculate and record the Employer's CPP
deduction
6. Calculate and record the Employee's El
deduction
7. Calculate and record the Employer's El
deduction
8. Calculate and record the Federal Tax
deduction
9. Calculate and record the Provincial Tax
deduction
Transcribed Image Text:Lynne Duggan, age 16 is a summer student working part-time for a wrestling magazine in Manitoba. This is her first job, and has not paid any CPP or El. Lynne works 14 hours per week at a rate of $14.50 per hour and is paid bi-weekly. On this pay period, Lynne worked her usual 14 regular hours per week, but was also paid 7.5 hours of overtime. Wrestling magazine pays two times the employee's rate for all overtime. 1. Calculate and record the Gross Earnings 2. Calculate and record the Federal Claim Code 3. Calculate and record the Manitoba Claim Code 4. Calculate and record the Employee's CPP deduction 5. Calculate and record the Employer's CPP deduction 6. Calculate and record the Employee's El deduction 7. Calculate and record the Employer's El deduction 8. Calculate and record the Federal Tax deduction 9. Calculate and record the Provincial Tax deduction
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