Final answer:
After calculating the deductions for CPP, employment insurance, and income tax withholdings, the remaining amount seems to be $23,451, which is not one of the options provided.
It seems there may be an error either in the question details or the provided options.
The closest option presented is $26,100 but this does not align perfectly with the deductions calculated.
Step-by-step explanation:
To calculate the gross pay of the 10 employees during January, we must first understand the deductions that are occurring from their paychecks. Given that each employee earned $3,000, and there is a total of $30,000 earned, we can disregard this amount as it's the total before deductions.
Deductions include CPP (Canada Pension Plan) taxes, which are 4.95% paid by employees and an equal amount by the employer, and income tax withholdings which amount to $4,500. Additionally, there is an employee EI (Employment Insurance) rate of 1.88% of the gross pay, and the employer contributes 1.4 times the employee portion.
Lets calculate each deduction:
The total deductions for all employees are the sum of income tax withholdings, CPP deductions, and employee EI deductions: $4,500 + $1,485 + $564 = $6,549.
The gross pay, therefore, is the total earned minus the deductions the employees see: $30,000 - $6,549 = $23,451. Since this is not one of the options provided, it seems there might be a misunderstanding either in the question's details or in the calculation
. But based on the information given and the deductions calculated, the closest option to our calculation is $26,100, as it is the only option less than the starting $30,000 and accounting for the deductions.
However, this discrepancy indicates the need to review the question and available choices again, as our calculated gross pay is not an exact match for any provided options.