Problem on suta tax rate for the company


Sy company's payroll for the year i..s@1210930. Of this amount, $510,710 is for wages paid in excess of $7,000 to each individual employees. The SUTA tax rate for the company is3.2% on the first $7,000 of each employee's earning.

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Accounting Basics: Problem on suta tax rate for the company
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