Yengling companys payroll for the year is 593150 of this


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 . . . . . $___________

Solution Preview :

Prepared by a verified Expert
Accounting Basics: Yengling companys payroll for the year is 593150 of this
Reference No:- TGS01212125

Now Priced at $10 (50% Discount)

Recommended (93%)

Rated (4.5/5)