Mary Gonzalez had total cumulative gross earnings of $5,800 as of 1/31/20X1. Her gross earnings for the pay period ending 2/15/20X1 were $3,000. If federal unemployment taxes are 0.6% on a maximum earnings of $7,000 per year, how much federal unemployment tax will be paid by Mary and how much will be paid by her employer for her earnings of 2/15/20X1?   Multiple Choice   Mary will pay $0 and her employer will pay $10.80.   Mary will pay $0 and her employer will pay $7.20.   Mary will pay $7.20 and her employer will also pay $7.20.   Mary will pay $0 and her employer will pay $0.

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A: Total cost means the sum of all the expenditure. Total cost also means the sum of fixed cost and…

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A:

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A: Workings:

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A: Net FUTA Tax rate = FUTA Tax rate - SUTA Tax Rate = 6% - 5.4% = 0.6%

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A:

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A:

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