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A 5-2 Determine the Taxable Earnings Subject to FUTA Tax reach pay period, determine...

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Accounting

A 5-2 Determine the Taxable Earnings Subject to FUTA Tax
reach pay period, determine the taxable earnings subject to FUTA tax.
TE: For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation.
1: A business employs three individuals whose taxable earnings to date (prior to the current pay period) are $5,700,$8,000, and $1,000. During the current pay period, these employees earn $1,600,$3,460, and $2,400, respectively.
Taxable earnings subject to FUTA tax =$
2. A business employs two individuals whose taxable earnings to date (prior to the current pay period) are $2,400, and $7,200. During the current pay period, these employees earn $1,450 and $800, respectively.
Taxable earnings subject to FUTA tax =:
3. A business employs three individuals whose taxable earnings to date (prior to the current pay period) are $26,700,$4,400, and $6,850. During the current pay period, these employees earn $2,570,$2,560, and $3,320, respectively.
Taxable earnings subject to FUTA tax = s
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