Question

part b: short answer (show your work)

1. hourly pay calculation(4 marks)

alex works 35 hours per week and earns $19.50/hour.
calculate alexs gross pay.
if deductions are:
income tax: $95.00
cpp: $42.00
ei: $18.00
what is alexs net pay?

Explanation:

Step1: Calculate gross pay

Gross pay = hours worked per week × hourly - rate. So, gross pay = $35\times19.50 = 682.50$.

Step2: Calculate total deductions

Total deductions = income - tax+CPP + EI. So, total deductions = $95 + 42+18=155$.

Step3: Calculate net - pay

Net pay = gross pay - total deductions. So, net pay = $682.50−155 = 527.50$.

Answer:

$527.50$