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ABC Company employs the following individuals: A . Dotson ( President ) $ 1 0 0 , 0 0 0 Annual T . Smith (
ABC Company employs the following individuals:
A Dotson President $ Annual
T Smith VicePresident $ Monthly
S Johnson Sales $ SemiMonthly
D Grady Sales $ Weekly
S Smith Clerk $ BiWeekly
The company is required to contribute on the first $ for each employee for FUTA Taxes, and on the first $ for each employee for SUTA Taxes. Calculate the total amount for FUTA and SUTA Taxes for the Feb. SemiMonthly pay period. Third SemiMonthly Pay Period of the Year.
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