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Problem 6-4A & 6-5A (Algo) [The following information applies to the questions displayed below.] Greer Utsey earned $47,900 in 2022 for a company in Kentucky.
Problem 6-4A \& 6-5A (Algo) [The following information applies to the questions displayed below.] Greer Utsey earned $47,900 in 2022 for a company in Kentucky. Greer is single with one dependent under 17 and is paid weekly. The FUTA rate in Kentucky for 2022 is 0.6 percent on the first $7,000 of employee wages, and the SUTA rate is 5.4 percent with a wage base of $11,100. Use the percentage method in Appendix C and the state information in Appendix D. Manual payroll system is used and Box 2 is not checked. Problem 6-5A (Algo) Required: Compute the employer's share of the taxes for the third weekly payroll of the year. Note: Do not round intermediate calculation. Round your final answer to 2 decimal places
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