Solved: The companys suta tax rate is 29 of the first 7000 of each, Accounting Basics

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The companys suta tax rate is 29 of the first 7000 of each

Question - Jason Jeffries earned $10,200 while working for Brown Company. The company's SUTA tax rate is 2.9% of the first $7,000 of each employee's earnings. Compute the total unemployment taxes (SUTA and FUTA) that Brown Company should pay on Jeffries' earnings.

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Accounting Basics: The companys suta tax rate is 29 of the first 7000 of each

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