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For this textbook edition the rate 0.6% was used for the FUTA tax rate for employers. During 2014, Jeff Smallwood worked for two different employers.
For this textbook edition the rate 0.6% was used for the FUTA tax rate for employers. During 2014, Jeff Smallwood worked for two different employers. Until May, he worked for Rowland Construction Company in Ames, Iowa, and earned $22,000. The state unemployment rate for Rowland is 4.6%. He then changed jobs and worked for Ford Improvement Company in Topeka, Kansas, and earned $29,500 for the rest of the year. The state unemployment rate for Ford is 5.1%. Determine the unemployment taxes (FUTA and SUTA) that would be paid by each company. Round your answers to the nearest dollar. Additional Requirements Min Pages: 1 Level of Detail: Show all work already tried $22,000 x 0.6% = 1320 and $22,000 x 4.6% = 1012 for a total $2332.00 $29,500 x 0.6% = 1770 and $29,500 x 5.1% = 1504.50 and they were incorrect. What am I missing
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