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during 2018,Jeff Smallwood worked for 2 different companies eBook Calculator Print Item at the end of each year and there is much discussion about changes

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during 2018,Jeff Smallwood worked for 2 different companies

eBook Calculator Print Item at the end of each year and there is much discussion about changes to the FUTA rate, the available 2017 rates were used for FUTA and SUTA. Note: For this textbook edition the rate 0.6% was used for the FUTA tax rate for employers. o 2018, Jeff Smallwood worked for two different employers. Until May, he worked for Rowland Construction Company in Ames, lowa, and earned $20,820. The state unemployment rate for Rowland is 4.6%. He then changed jobs and worked for state unemployment rate for Ford is 5.1%. Determine the Use Figure 5.1 to determine SUTA caps in Iowa and Kansas a. Rowland Construction Company b. Ford Improvement Company Ford Improvement Company in Topeka, Kansas, and earned S 29,040 for the rest of the rea. The unemployment taxes (FUTA and SUTA) that would be paid by each company. Round your answers to the nearest cent. a. (FUTA taxable payroll times net FUTA rate) + (sUTA taxable payroll times SUTA rate) Total unemployment taxes b. (FUTA taxable payroll times net FUTA rate) (SUTA taxable payroll times SUTA rate) Total unemployment taxes

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