You have just received a garnishment order for your employee Derek Jones. The gamishment order requires you to deduct and remit 17% of gross eanings less statutory deductions, from Derek's pay for court ordered family support payments. You are preparing the January 15th, 2018 semi-monthly payroll and have the following information related to Derek Employee Information Employee Name Birth Date Derek Jones May 17, 1992 Pay Details $45,000 6% paid each pay 17% Semi-monthly St. Johns Company located in Brandon, Manitoba Annual salary Vacation pay Gamishment order Pay schedule Employer name Miscellaneous deductions RRSP deduction $150.00 per month Union dues $30.00 per pay Additional information Federal tax (already calculated) $134.02 Provincial tax (already calculated) $128.24 CPP deduction (already calculated) $84.60 El deduction (already calculated) - $34.87 Required: Calculate Derek's January 15 Net Pay Show and label your calculations

You have just received a garnishment order for your employee Derek Jones. The gamishment order requires you to deduct and remit 17% of gross eanings less statutory deductions, from Derek's pay for court ordered family support payments. You are preparing the January 15th, 2018 semi-monthly payroll and have the following information related to Derek Employee Information Employee Name Birth Date Derek Jones May 17, 1992 Pay Details $45,000 6% paid each pay 17% Semi-monthly St. Johns Company located in Brandon, Manitoba Annual salary Vacation pay Gamishment order Pay schedule Employer name Miscellaneous deductions RRSP deduction $150.00 per month Union dues $30.00 per pay Additional information Federal tax (already calculated) $134.02 Provincial tax (already calculated) $128.24 CPP deduction (already calculated) $84.60 El deduction (already calculated) - $34.87 Required: Calculate Derek's January 15 Net Pay Show and label your calculations

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Thomas Martin receives an hourly wage rate of $16, with time and a half for all hours worked in excess of 40 hours during a week. Payroll data for the current week are as follows: hours worked, 48; federal income tax withheld, $363; social security tax rate, 6.0%; and Medicare tax rate, 1.5%. What is the gross pay for Martin? Oa. $832 Ob. $1,536 Oc. $1,152 Od. $768
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Subject - account Please help me. Thankyou.
Sagar
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