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Peroni company paid wages of 165400 this year of this

Question: Peroni Company paid wages of $165,400 this year. Of this amount, $116,800 was taxable for net FUTA and SUTA purposes. The state's contribution tax rate is 3.1% for Peroni Company. Due to cash flow problems, the company did not make any SUTA payments until after the Form 940 filing date. (Compute the following; roun stop the nearest cent.(FUTA tax rate for employers is 0.6%)

A. Amount of credit the company would receive against the FUTA tax for its SUTA contributions ........$

B. Amount that Peroni Company would pay to the federal government for its FUTA tax ..........$

C. Amount that the company lost because of its late payments .....$

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Accounting Basics: Peroni company paid wages of 165400 this year of this

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