Carl's earnings during the month of March were $6,400. His earnings for the year prior...
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Accounting
Carl's earnings during the month of March were $6,400. His earnings for the year prior to March were $5,500. Carl's employer is subject to federal unemployment taxes of 0.8% and state unemployment taxes of 5.4% on the first $7,000. The employer's unemployment payroll tax expense for Carl in the month of March is: (Round any intermediate calculations to the nearest cent, and your final answer to the nearest whole dollar.)
Please show all steps and how to calculate.
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