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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Employee Cumulative Earnings Before Weekly Payroll Gross Pay for the Week R. Frank $3,500 $950 G. Jill 6,300 725 L. Peter 7,800 290
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College Accounting A Practical Approach
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14th Edition
Authors: Jeffrey Slater, Mike Deschamps
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