From the following data,determine the FUTA tax liability for Sims Company for the first quarter.The FUTA tax rate is 0.6% on the first $7,000 of earnings.(Assume all quarters have 13 weeks. )
$\begin{array}{lc}
\text { Employees } & \text { Gross Pay Per Week } \
\text { C. Smith } & \$ 2,500 \
\text { K. James } & 900 \
\text { E. Simpson } & 1,600
\end{array}$

Question

From the following data,determine the FUTA tax liability for Sims Company for the first quarter.The FUTA tax rate is 0.6% on the first $7,000 of earnings.(Assume all quarters have 13 weeks. )
 $\begin{array}{lc}
\text { Employees } & \text { Gross Pay Per Week } \
\text { C. Smith } & \$ 2,500 \
\text { K. James } & 900 \
\text { E. Simpson } & 1,600
\end{array}$

Quizplus · Accepted Answer

The Answer of From the following data,determine the FUTA tax liability for Sims Company for the first quarter.The FUTA tax rate is 0.6% on the first $7,000 of earnings.(Assume all quarters have 13 weeks. )
 $\begin{array}{lc}
\text { Employees } & \text { Gross Pay Per Week } \
\text { C. Smith } & \$ 2,500 \
\text { K. James } & 900 \
\text { E. Simpson } & 1,600
\end{array}$

From the Following Data,determine the FUTA Tax Liability for Sims