Home / Questions / Universal Exporting has three warehouse employees: John Abnerearns $422 per week, Anne Clark earns $
Universal Exporting has three warehouse employees: John Abnerearns $422 per week, Anne Clark earns $510 per week, and ToddCorbin earns $625 per week. The company’s SUTA tax rate is 5.4%,and the FUTA rate is 6.2% minus the SUTA. As usual, these taxes arepaid on the first $7,000 of each employee’s earnings. How much FUTAtax did the company pay on these employees in the first quarter ofthe year?
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