1) Review the table below. Explain why FUTA amount for the project manager is lower in February than January and why there is no FUTA amount in March?

2) How does the employee turnover affect the labor burden costs?

Medicare Rate FUTA Rate: FUTA Limit: SUTA Rate: SUTA Limit 1.45 0.60% 7.000 2.00% 22,000 Oct. Nov. D Sept. July Aug Jan Feb June March April May 10 10.000 Item Owner Wages Social Security Medicare FUTA SUTA 10,000 620 145 10.000 620 145 10,000 620 145 42 200 10,000 620 145 10,000 620 145 10,000 620 145 10,000 620 145 10,000 620 145 10.000 422 145 620 145 10.000 620 145 - | 1 - - 200 40 Project Manager/Estimator Wages Social Security Medicare FUTA SUTA 5,000 310 73 30 100 5.000 310 73 5,000 310 73 12 100 5,000 310 73 5,000 310 73 5.000 310 73 5,000 310 73 5,000 310 5,000 310 73 5.000 310 73 5,000 310 73 73 - 100 100 40 Office Salaries 15.000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 Secretary/Receptionist Medicare Rate FUTA Rate: FUTA Limit: SUTA Rate: SUTA Limit 1.45 0.60% 7.000 2.00% 22,000 Oct. Nov. D Sept. July Aug Jan Feb June March April May 10 10.000 Item Owner Wages Social Security Medicare FUTA SUTA 10,000 620 145 10.000 620 145 10,000 620 145 42 200 10,000 620 145 10,000 620 145 10,000 620 145 10,000 620 145 10,000 620 145 10.000 422 145 620 145 10.000 620 145 - | 1 - - 200 40 Project Manager/Estimator Wages Social Security Medicare FUTA SUTA 5,000 310 73 30 100 5.000 310 73 5,000 310 73 12 100 5,000 310 73 5,000 310 73 5.000 310 73 5,000 310 73 5,000 310 5,000 310 73 5.000 310 73 5,000 310 73 73 - 100 100 40 Office Salaries 15.000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 Secretary/Receptionist