How much futa tax must university dry cleaners pay

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Reference no: EM131622815

Question: 1. How much FUTA tax must University Dry Cleaners pay for the employee in Exercise 23? The FUTA tax rate is 0.08% of the first $7,000.

2. Anita Loyd works 45 hours in one week, is paid $8.98 per hour, and earns 1.5 times her hourly wage for all hours worked over 40 in a given week. Calculate Anita's gross pay using the method described in the chapter.

Reference no: EM131622815

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