Garrison Shops had a SUTA tax rate of 2.7%. The state’s taxable limit was $8,000 of each employee’s. 1 answer below »

Garrison Shops had a SUTA tax rate of 2.7%. The state’s taxable limit was $8,000 of each employee’s earnings. For the year, Garrison Shops had FUTA taxable wages of $77,900 and SUTA taxable wages of $93,900. Compute: a. Net FUTA tax…………………………………………………………. $ b. Net SUTA tax…………………………………………………………. $  

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Garrison Shops had a SUTA tax rate of 2.7%. The state’s taxable limit was $8,000 of each employee’s. 1 answer below »
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