Roxy Co., which has a taxable payroll of $800,000, is subject to FUTA tax of 6.2% that includes a state contribution rate of 5.4%. However, because of stable employment experience, the company's state r been reduced to 2%. What is the total amount of federal and state unemployment tax for Roxy Co.? O $65,600 O $22,400 O $93,600 O $32,000

Roxy Co., which has a taxable payroll of $800,000, is subject to FUTA tax of 6.2% that includes a stat contribution rate of 5.4%. However, because of stable employment experience, the company's state been reduced to 2%. What is the total amount of federal and state unemployment tax for Roxy Co.? $65.600 $22,400 $93,600 $32,000