Question
Jordan Company was subject to the Alaska state unemployment tax of 4.2%. The company's taxable wages for FUTA were $77,100 and for SUTA, $161,000. Compute
Jordan Company was subject to the Alaska state unemployment tax of 4.2%. The company's taxable wages for FUTA were $77,100 and for SUTA, $161,000. Compute the following; round your answers to the nearest cent.
a. SUTA tax that Jordan 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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Audit Risk Management Driving Audit Value The Best Practice Strategy Guide For Minimising The Audit Risks And Achieving The Internal Audit Strategies And Objectives Volume 2
Authors: Hans Beumer
1st Edition
3906861155, 978-3906861159
