Question

Jean is paid $25.00 per hour, receives a car allowance of $75.00, and a non-cash taxable...

Jean is paid $25.00 per hour, receives a car allowance of $75.00, and a non-cash taxable benefit of $25.00 every pay. During the current bi-weekly pay period Jean worked 80 hours and received a bonus of $700.00. What are Jean's insurable earnings for this pay period?

Business   Accounting   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1
Jean's insurable earnings Amount
Salary (80*25) $       2,000
Add: Bonus $          700
         Car Allowance $            75
$      2,775

Note: Since non-cash tax benefit is not a cash remuneration, it is not considered for insurable earnings.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Jesse Daniels is a commission-based employee who is single with one withholding allowance. She is paid...
Jesse Daniels is a commission-based employee who is single with one withholding allowance. She is paid $7.00/hour and receives a 5 percent commission on net sales. She does not receive commissions until her net sales exceed $58,000 during a weekly period at Perous Pharmaceuticals. For the week ending May 5, 20XX, she worked 48 hours and sold $70,000 of medicinals but had $1,400 of returns from last week’s sales. Company policy requires that commissions on returned sales be deducted from...
Calculate net pay for the following employee in Alberta with basic federal and provincial claim code....
Calculate net pay for the following employee in Alberta with basic federal and provincial claim code. 1. Each of the employees will receive benefits: Group term life insurance $25.00 per month. Taxable car allowances $12 per pay 2. Each of the employees will have deductions: RRSP 3% of regular salary Union dues $25.00 per pay. • Employee number one will be a salaried employee earning $65,000 per year, paid bi-weekly, working in the marketing department, was born on February 13,...
32.True or False. If an employee leaves one employer during the year to start work with...
32.True or False. If an employee leaves one employer during the year to start work with another employer, the new employer can take into account what the employee’s previous employer withheld in Canada Pension Plan contributions (1) 33.The maximum insurable earning for 2019 is _______________________.(1) 34.The maximum employer premium for EI is ________________________.(1) 35.Like CPP, there is an age restriction on the withholding of an EI premium. (T/F) (1) 36.Frank works 75 hours in the bi-weekly pay period and earns...
At Gleeson Brewing Company, office workers are employed for a 40-hour workweek; each individual's salary is...
At Gleeson Brewing Company, office workers are employed for a 40-hour workweek; each individual's salary is quote on either an annual or a monthly basis. Given on the form below are the current annual and monthly salary rates for five office workers for the week ended December 14, 2018 (50th payday of the year). In addition, with this pay, these employees are paid their sliding-scale annual bonuses. The bonuses are listed on the register. For each worker, compute the following....
Prevosti Farms and Sugarhouse pays its employees according to their job classification. The following employees make...
Prevosti Farms and Sugarhouse pays its employees according to their job classification. The following employees make up Sugarhouse's staff: Employee Number Name and Address Payroll information A-Mille Thomas Millen Hire Date: 2-1-2019 1022 Forest School Rd DOB: 12-16-1982 Woodstock, VT 05001 Position: Production Manager 802-478-5055 PT/FT: FT, exempt SSN: 031-11-3456 No. of Exemptions: 4 401(k) deduction: 3% M/S: M Pay Rate: $35,000/year A-Towle Avery Towle Hire Date: 2-1-2019 4011 Route 100 DOB: 7-14-1991 Plymouth, VT 05102 Position: Production Worker 802-967-5873...
What tools could AA leaders have used to increase their awareness of internal and external issues?...
What tools could AA leaders have used to increase their awareness of internal and external issues? ???ALASKA AIRLINES: NAVIGATING CHANGE In the autumn of 2007, Alaska Airlines executives adjourned at the end of a long and stressful day in the midst of a multi-day strategic planning session. Most headed outside to relax, unwind and enjoy a bonfire on the shore of Semiahmoo Spit, outside the meeting venue in Blaine, a seaport town in northwest Washington state. Meanwhile, several members of...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT