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Hinsky Company was subject to the Alaska state unemployment tax of 4.2%. The company's taxable wages for FUTA were $86,700 and for SUTA, $171,000.
Hinsky Company was subject to the Alaska state unemployment tax of 4.2%. The company's taxable wages for FUTA were $86,700 and for SUTA, $171,000. Compute the following; round your answers to the nearest cent. a. SUTA tax that Hinsky Company would pay to the state of Alaska b. Net FUTA tax c. Amount of employees' unemployment tax (use the employee's tax rate shown in Figure 5.1)
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