The SUTA rate for Worldwide Industries is 4.2% and its FUTA rate is 6.2% less the 5.4%
Fantastic news! We've Found the answer you've been seeking!
Question:
The SUTA rate for Worldwide Industries is 4.2% and its FUTA rate is 6.2% less the 5.4% SUTA credit. If its weekly payroll is $52,174 and none was for payments to employees in excess of the $7,000 wage base, then what are the total FUTA and SUTA taxes for the payroll?
Answer
a. $2,608.70
b. $3,279.54
c. $4,048.70
d. $4,386.10
Related Book For
College Accounting A Practical Approach
ISBN: 978-0132564441
11th Canadian Edition
Authors: Jeffrey Slater, Brian Zwicker
Posted Date: