Question: 1. How much FUTA tax must University Dry Cleaners pay for the employee in Exercise 23? The FUTA tax rate is 0.08% of the first $7,000.
2. Anita Loyd works 45 hours in one week, is paid $8.98 per hour, and earns 1.5 times her hourly wage for all hours worked over 40 in a given week. Calculate Anita's gross pay using the method described in the chapter.