Refer to Exercise 7B-3 and assume that the state changed Gray?s SUTA tax rate to 4.6%. What

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Refer to Exercise 7B-3 and assume that the state changed Gray?s SUTA tax rate to 4.6%. What effect would this change have on the total payroll tax expense?

Exercise 7B-3

From the following information, calculate the payroll tax expense for Gray Company for the payroll of April 9:

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Related Book For  answer-question

College Accounting A Practical Approach

ISBN: 9780134729312

14th Edition

Authors: Jeffrey Slater, Mike Deschamps

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