O'Riley Company's payroll costs and fringe benefit expenses include the normal CPP and El contributions, retirement fund contributions of 10% of total earnings, and health insurance premiums of $122 per employee per month. Doherty $ 52,200 58,400 57,700 41,000 66,500 $275,800 Fane Kahan Martin Leung Total 1. Given the above list of employees' projected 2021 annual salaries, calculate the employer's contribution of CPP, EI, Retirement Fund, and Health Insurance made by O'Riley Company. (Round the final answers to 2 decimal places.) Click here to view the CPP Tables for 2021. Click here to view the El Tables for 2021.
O'Riley Company's payroll costs and fringe benefit expenses include the normal CPP and El contributions, retirement fund contributions of 10% of total earnings, and health insurance premiums of $122 per employee per month. Doherty $ 52,200 58,400 57,700 41,000 66,500 $275,800 Fane Kahan Martin Leung Total 1. Given the above list of employees' projected 2021 annual salaries, calculate the employer's contribution of CPP, EI, Retirement Fund, and Health Insurance made by O'Riley Company. (Round the final answers to 2 decimal places.) Click here to view the CPP Tables for 2021. Click here to view the El Tables for 2021.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:O'Riley Company's payroll costs and fringe benefit expenses include the normal CPP and El contributions, retirement fund
contributions of 10% of total earnings, and health insurance premiums of $122 per employee per month.
Doherty $ 52,200
58,400
57,700
41,000
66,500
$275,800
Fane
Kahan
Martin
Leung
Total
1. Given the above list of employees' projected 2021 annual salaries, calculate the employer's contribution of CPP. EI, Retirement Fund,
and Health Insurance made by O'Riley Company. (Round the final answers to 2 decimal places.)
Click here to view the CPP Tables for 2021.
Click here to view the El Tables for 2021.
Doherty
Fane
Kahan
Martin
Leung
CPP Contribution El Contribution
Retirement Fund
Contributions
Health
Insurance
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