Using the effective weld size, described in AISC Design Guide 24 pg.8, we can match the weld size to the strength of the base metal.
Using LRFD:
Shear Yield Deff = 30.2 * Fy/Fexx * t
Shear Rupture Deff = 22.6 * Fu/Fexx * t
For A500 Gr B material Fy=46, Fu= 58 and assuming Fexx=70 ksi, a 1...