Yengling Company’s payroll for the year is $593,150. Of this amount, $211,630 is for wages paid in.. 1 answer below »
- March 05, 2021/ Questions
Yengling Company’s payroll for the year is $593,150. Of this amount, $211,630 is for wages paid in excess of $7,000 to each individual employee. The SUTA rate in Yengling Company’s state is 2.9% on the first $7,000 of each employee’s earnings. Compute: a. Net FUTA tax…………………………………………………………. $ b. Net SUTA tax…………………………………………………………. $ c. Total unemployment taxes……………………………………….. $