Dole Company Employees Had the Following Earnings Records at the Close

Multiple Choice

Dole Company employees had the following earnings records at the close of theNovember 30 payroll period: Dole Company's payroll benefits expense for each employee includes: 4.95% CPP and1.88% EI on the amount earned. What is the total payroll benefits expense for theNovember 30 pay period?

A) $796.11 ($10,500 × (.0188 × 1.4) + ($10,500 × .0495) ) .
B) $1,039.50 ($10,500 × .0495 × 2) .
C) $519.75 ($10,500 × .0495) .
D) $276.36 ($10,500 × (.0188 × 1.4) ) .
E) $1,004.01 ($10,500 × ((.0495 + .0188) × 1.4) ) .