Lashundra Jones_AC122_Unit 6_Assignment_05-02A(1)

Lashundra Jones_AC122_Unit 6_Assignment_05-02A(1) -...

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Name: Enter the appropriate numbers/formulas in the shaded (gray) cells. An asterisk (*) will appear to the right of an incorrect answer. 5-2A Total payroll $737,910 Less: Wages paid in excess of $7,000 472,120
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Unformatted text preview: Earnings subject to FUTA and SUTA $265,790 Taxable Tax Earnings x Rate = Tax (a) Net FUTA tax $265,790 0.008 $2,126.32 (b) Net SUTA tax $265,790 0.029 7,707.91 (c) Total unemployment taxes $9,834.23...
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