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5-1 ALO 3,4 Similar to Example 5-3 on page 5-9 During the year, Plum Company has a SUTA tax rate of 4.8%. The taxable payroll

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5-1 ALO 3,4 Similar to Example 5-3 on page 5-9 During the year, Plum Company has a SUTA tax rate of 4.8%. The taxable payroll for the year for FUTA and SUTA is $123,400. Compute: a. Net FUTA tax b. Net SUTA tax. c. Total unemployment taxes.. similar to Example 5-4 on page 5-10 4 5-2A . LO 3, Peyton Company's payroll for the year is $737,910. Of this amount, $472,120 is for wages paid in excess of $7,000o to each individual employee. The SUTA rate in Peyton Company's state is 2.9% on the first $7,000 of each employ- ee's earnings. Compute: b. Net SUTA tax... c. Total unemployment taxes

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