CDI College Accounting Quiz Questions

Complete the following:

Judy Jo works for Kalish Manufacturing Company in St. Jean, Québec. Judy earns $29,900.00annually and is paid on a weekly basis. His federal TD1 claim code is 2 and his TP-1015.3-Vdeduction code is B. Judy is a unionized employee and pays 3% of his base salary in union duesevery pay period.Kalish provides their employees with life insurance coverage of twice annual salary and pays100% of the cost of the coverage. The life insurance premium rate is $0.75 per $1,000.00 ofcoverage per month; this rate does not include the 9% tax on insurance premiums. Theemployees pay 100% of the cost of their health and dental coverage; Judy’s premiums for familyhealth coverage are $52.00 per month and his family dental premiums are $91.00 per month. Thehealth and dental premium costs are inclusive of the9% tax on insurance premiums. Both the employer’s and the employee’s insurance costs arecalculated on a pay period basis.Judy also voluntarily participates in a social club which costs $104.00 a year, deducted on a payperiod basis.Calculate Judy’s Net Pay: