Lee Loren has cumulative earnings of $6,750 and earned $745 during the current pay period. If the FUTA tax rate is 0.6 percent, with a ceiling of $7,000, the employer payroll tax expense for FUTA is
A) $54.00.
B) $5.96.
C) $0.
D) $1.50.
E) $15.00.
Correct Answer:
Verified
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