George's Gameroom had two employees with the following earnings information: Employee Barbara Brown Hillary Adams Cumulative Earnings as of 11/30/20X1 $ 5,450 $ 139,300 Gross Earnings for Week Ending 12/15/20X1 $ 1,980 $ 6,900 Use the table above to calculate how much of Barbara's December 15 paycheck is still subject to state unemployment tax given that the rate is 4% and federal unemployment tax is 0.6% and both taxes are levied on only the first $7,000 of each employee's annual earnings. Multiple Choice O $1,980 О $430 О $1,550 O $5,450

College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter7: Employee Earnings And Deductions
Section: Chapter Questions
Problem 7E
Question
None
George's Gameroom had two employees with the following earnings information:
Employee
Barbara Brown
Hillary Adams
Cumulative
Earnings as of
11/30/20X1
$ 5,450
$ 139,300
Gross Earnings
for Week
Ending
12/15/20X1
$ 1,980
$ 6,900
Use the table above to calculate how much of Barbara's December 15 paycheck is still subject to state unemployment tax given that the rate is 4% and
federal unemployment tax is 0.6% and both taxes are levied on only the first $7,000 of each employee's annual earnings.
Multiple Choice
O
$1,980
О
$430
О
$1,550
O
$5,450
Transcribed Image Text:George's Gameroom had two employees with the following earnings information: Employee Barbara Brown Hillary Adams Cumulative Earnings as of 11/30/20X1 $ 5,450 $ 139,300 Gross Earnings for Week Ending 12/15/20X1 $ 1,980 $ 6,900 Use the table above to calculate how much of Barbara's December 15 paycheck is still subject to state unemployment tax given that the rate is 4% and federal unemployment tax is 0.6% and both taxes are levied on only the first $7,000 of each employee's annual earnings. Multiple Choice O $1,980 О $430 О $1,550 O $5,450
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