Hinsky Company was subject to the Alaska state unemployment tax of 4.2%. The companys taxable wages for

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Hinsky Company was subject to the Alaska state unemployment tax of 4.2%. The company’s taxable wages for FUTA were $86,700 and for SUTA, $171,000. Compute:
a. SUTA tax that Hinsky Company would pay to the state of Alaska.................................. $
b. Net FUTA tax.................................................................................................................. $
c. Amount of employees’ unemployment tax (use the employee’s tax
rate shown in Figure 5.1 on page 5-13).......................................................................... $

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Payroll Accounting 2023

ISBN: 9780357722275

33rd Edition

Authors: Bernard J. Bieg, Judith A. Toland

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