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MC Qu. 99 The current FUTA tax rate is... The current FUTA tax rate is 0.6%, and the SUTA tax rate is 5.4%. Both taxes

MC Qu. 99 The current FUTA tax rate is...

The current FUTA tax rate is 0.6%, and the SUTA tax rate is 5.4%. Both taxes are applied to the first $7,000 of an employee's pay. Assume that an employee earned total wages of $12,100. What is the amount of total unemployment taxes the employer must pay on this employee's wages?

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Multiple Choice $.00 $726.00 $72.60. $653.40 $420.00

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