Doris MacNeil works for Modem Furniture in Alberta and receives the following remuneration on her pay: Bi-weekly salary $1,364.85   Overtime 342.96   4% vacation pay on overtime 13.72   Group term life insurance non-cash taxable benefit 15.75   Taxable car allowance 75.00   What is Doris’ gross pensionable/taxable income for this pay? Show your calculations

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Doris MacNeil works for Modem Furniture in Alberta and receives the following remuneration on her pay:

Bi-weekly salary $1,364.85

 

Overtime 342.96

 

4% vacation pay on overtime 13.72

 

Group term life insurance non-cash taxable benefit 15.75

 

Taxable car allowance 75.00

 

What is Doris’ gross pensionable/taxable income for this pay? Show your calculations

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