Assume John, as an employee, is compensated $50,000 per year. Also, assume that John opted out of all voluntary benefits (he will be covered by his wife through her employment). What will be the total cost to the employer for employing John assuming the FUTA tax rate is .6%?

a. $50,000.

b. $53,245.

c. $54,245.

d. $51,245.

Answer rating: 100% (QA)

Since John opted out of alI voluntooy be... View the full answer