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

question 120

Essay

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. )
$\begin{array}{lc}\text { Employees } & \text { Gross Pay Per Week } \\\text { C. Smith } & \$ 2,500 \\\text { K. James } & 900 \\\text { E. Simpson } & 1,600\end{array}$

---

Definitions:

Pollution-Control Equipment

Devices or systems designed to reduce or eliminate the release of pollutants into the environment.

Water Pollutants

Substances that contaminate bodies of water, negatively affecting water quality and ecosystem health.

Noxious Odors

Unpleasant and potentially harmful smells that can cause discomfort or health issues.

Common Law

A legal system based on custom and court rulings rather than written laws passed by a legislature.