Question 8 5 points Save Answer Company has an employee who is paid weekly. For Company X the FUTA tax rate is 6%. The limit for FUTA is $7000 of employee annual earning subject to the applicable tax. The employee earns $1000 for the week and has cumulative earnings year to date through the previous week of $6500. How much is deducted from the employee's weekly paycheck for FUTA? A. -60- B. 30 C. 600 D. 42 E. None of the above