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Peyton Company payroll for the year is $737,910 of...

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Solution


Question

Peyton Company payroll for the year is $737,910 of this amount, $472,120 is for wages paid in execess of $7,000 to each individual employee. The SUTA rate in Peyton 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

 

Paper#6083 | Written in 18-Jul-2015

Price : $25
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