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Pedro Company was subject to the New Jersey state unemployment tax of 5.1%. The company's taxable wages for FUTA were $93,400 and for SUTA, $194,300.
Pedro Company was subject to the New Jersey state unemployment tax of 5.1%. The company's taxable wages for FUTA were $93,400 and for SUTA, $194,300. Compute the following; round your answers to the nearest cent.
a. SUTA tax that Pedro Company would pay to the state of New Jersey 9909.30- Correct
b. Net FUTA tax 560.40- Correct
c. Amount of employees' unemployment tax (use the employee's tax rate shown in Figure 5.1.) $fill in the blank 3
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