Business Math

Universal Exporting has three warehouse employees: John Abner earns $422 per week, Anne Clark earns $510 per week, and Todd Corbin earns $695 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 are paid on the first $7,000 of each employee’s earnings. How much FUTA tax did the company pay on these employees in the first quarter of the year? (Points : 3)

asked by Taylor
  1. 7000 divided by 4 egal 1750

    posted by ngone
  2. Katie Jergens works for Dynamic Designs selling clothing. She is on a salary of $140 per week plus a commission
    of 7% of her sales. Last week she sold 19 dresses at $79.95 each, 26 skirts at $24.75 each, and 17 jackets at
    $51.50 each. What were her total gross earnings for the week?

    posted by Anonymous

Respond to this Question

First Name

Your Response

Similar Questions

  1. math

    Universal Exporting has three warehouse employees: John Abner earns $422 per week, Anne Clark earns $510 per week, and Todd Corbin earns $695 per week. The company’s SUTA tax rate is 5.4%, and the FUTA rate is 6.2% minus the
  2. math

    Universal Exporting has three warehouse employees: John Abner earns $422 per week, Anne Clark earns $510 per week, and Todd Corbin earns $695 per week. The company’s SUTA tax rate is 5.4%, and the FUTA rate is 6.2% minus the
  3. math

    Universal Exporting has three warehouse employees: John Abner earns $422 per week, Anne Clark earns $510 per week, and Todd Corbin earns $695 per week. The company’s SUTA tax rate is 5.4%, and the FUTA rate is 6.2% minus the
  4. math

    Universal Exporting has three warehouse employees: John Abner earns $422 per week, Anne Clark earns $510 per week, and Todd Corbin earns $695 per week. The company’s SUTA tax rate is 5.4%, and the FUTA rate is 6.2% minus the
  5. math

    11. Universal Exporting has three warehouse employees: John Abner earns $422 per week, Anne Clark earns $510 per week, and Todd Corbin earns $695 per week. The company’s SUTA tax rate is 5.4%, and the FUTA rate is 6.2% minus the
  6. math

    Darleen gets $10 a week allowance. She walks her neighbor's dog 6 days each week and earns $3 each day. She earns $7 an hour doing odd jobs. Darleen wants to save $15 a week, give $5 a week to charity, and have at least $20 each
  7. algebra

    In this equation or question: translate the following text into an equation involving ratios and solve it. " Anne is paid $45 per hour, if she worked 55 hours in a particular week, how much will she be paid that week? 45/1 = x/55:
  8. Math

    Shawn earns $3.50 per hour for the first 40 hours worked in a week and $20.25 per week, for hours over 40. If he earns $661.50 in one week, how many hours did he work?
  9. math help

    Jordan earns $11.35 per hour and works 40 hours per week. He then earns a 20% pay raise. How much money will Jordan now make each week? A $363.20 B $454.00 C $463.08 D $544.80 how is this d
  10. math

    MALU EARNS rs5 MORE IN A WEEK THAN IN PRECEEDING WEEK.HE EARNED rs135 IN FIRST WEEK.HOW MUCH WILL HE EARN AT THE END OF 39th WEEK??

More Similar Questions