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Question 11 (1 point) An employee makes $ 2,600 during the current pay period. The employee made $5,800 in the current year prior to the

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Question 11 (1 point) An employee makes $ 2,600 during the current pay period. The employee made $5,800 in the current year prior to the current pay period. Determine the total amount of FUTA and SUTA taxes for the employee for the current period, if the FUTA tax rate is 0.6% and the SUTA tax rate is 3.8% on the first $7,000 made by an employee in a year. $114.40 $52.80 $308 $61.60 Question 13 (1 point) A Corporation offers a two year warranty on its products that covers repair of defective products. Based on past analysis it is estimated that 6% of all products sold are returned under the warranty at an average repair cost of $8. During the current year 80,000 units were sold for $20 each. The Estimated Warranty Liability account had a normal balance of $18,000. During the current year the actual repair costs incurred under the warranty are $ 46,000. Determine the Warranty Expense recorded for the current year. $66,400 $38,400 $0 $46,000 Question 15 (1 point) Total payroll related expenses for an employer include: Gross Salaries plus FICA and Unemployment taxes plus Employee benefits Gross Salaries plus FUTA and SUTA taxes plus Employee benefits Net Pay Net Pay plus Payroll taxes plus Employee Benefits Question 19 (1 point) Determine the vacation benefit expense recorded each weekly pay period for an employee that makes $88,400 in a year and gets 2 weeks of paid vacation in a year. $68 $3,400 $1,700 $65.38

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