Aler 34. Retail businesses that began operation prior to April 1, 1990, mum bide by federal wage and hour law if cross annual sales exceed: 500,000 b $250,000 c. 8862,500 d. $0 35. The hourly rate for an employee who earns $100 per week for a normal 38-hour workweek is! a $10.00 b. $10.63 e. $10.50 d. $9.153 36. Employers are required to turn unclaimed wagen over to the state under a. the enterprise coverage b. FLSA c. escheat law d. consumer protection law 37. Wages paid in May are reported on Form 941 that is filed by: n. December 30 b. January 31 c. June 30 d. July 31 38. How many years is an employer required to retain records of wages paid employees under federal wage and hour law? 1.3 b. 5 e. 1 d. 4 39. How many years does the IRS require an employer to retain an Employee Withholding Certificate? 3.8 b. 5 c. 1 d.4 40. The entry to record the employee's portion of FICA tax is: a. FICA Payable Cash b. FICA Payable Salary Expense e. Cash FICA Payable d. Salary Expense FICA Payable 500