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posted Feb 8, 2010, 1:30 PM by Jon Hamlin

Job Description: A Plumber is responsible for installing, repairing and maintaining pipes, fixtures and other plumbing used for water distribution and waste water disposal in residential, commercial and industrial buildings.

 

Yearly Gross Income:  $75,000               ß before taxes

 

Tax Bracket: 35.39%      ß see Canadian tax brackets handout

 

Yearly Net income: $48,457.50   ß after taxes

 

 

Monthly Expenses

 

Rent:  $800

Entertainment: $200

Transportation: $400

Personal: $200

Utilities: $120

Savings: $100

Phone: $100

Food: $300

                                                                                                                        Total: $2220

 

Monthly Net Income:  $4028.13   ß yearly net income ÷ 12 months

 

-  Monthly Expenses  $2220

 

= $1808.13  leftover

 We will bring together the data we collected to create a finished job description, budget, and salary outline using the computer lab in A200.

Here is an example of what your finished assignment should resemble.

Job Description: A Plumber is responsible for installing, repairing and maintaining pipes, fixtures and other plumbing used for water distribution and waste water disposal in residential, commercial and industrial buildings.

 

Yearly Gross Income:  $75,000               ß before taxes

 

Tax Bracket: 35.39%      ß see Canadian tax brackets handout

 

Yearly Net income: $48,457.50   ß after taxes

 

 

Monthly Expenses

 

Rent:  $800

Entertainment: $200

Transportation: $400

Personal: $200

Utilities: $120

Savings: $100

Phone: $100

Food: $300

                                                                                                                        Total: $2220

 

Monthly Net Income:  $4028.13   ß yearly net income ÷ 12 months

 

-  Monthly Expenses  $2220

 

= $1808.13  leftover


Ċ
Jon Hamlin,
Jun 14, 2010, 11:45 PM
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