Multiple Choice
Maynard Manufacturing has a two-week payroll of $8,200 for its eight employees.Income tax of $1,080 is deducted from the employees' cheques, as well as 5% for CPP and 2% for EI.Wages deposited in employees' bank accounts would be:
A) $6,546
B) $7,120
C) $7,626
D) $8,200
Correct Answer:
Verified
Correct Answer:
Verified
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