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Given the following, calculate the state (assume 5.3%) and federal unemployment taxes that the employer must pay for each of the first two quarters. The
Given the following, calculate the state (assume 5.3%) and federal unemployment taxes that the employer must pay for each of the first two quarters. The federal unemployment tax is 0.6% on the first $7,000. Both state and federal unemployment taxes apply to the first $7,000 only. Note: Round your answers to the nearest cent. Bill Adams Rich Haines Alice Smooth Total SUTA FUTA PAYROLL SUMMARY Quarter 1 $ 4,000 8,000 3,200 Quarter 1 Quarter 2 $ 8,000 14,000 3,800 PAYROLL SUMMARY Quarter 2 4
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