The SUTA rate for Worldwide Industries is 4.2% and its FUTA rate is 6.2% less th
ID: 2900451 • Letter: T
Question
The SUTA rate for Worldwide Industries is 4.2% and its FUTA rate is 6.2% less the 5.4% SUTA credit. If its weekly payroll is $52,174 and none was for payments to employees in excess of the $7,000 wage base, then what are the total FUTA and SUTA taxes for the payroll? Answer a. $2,608.70 b. $3,279.54 c. $4,048.70 d. $4,386.10 The SUTA rate for Worldwide Industries is 4.2% and its FUTA rate is 6.2% less the 5.4% SUTA credit. If its weekly payroll is $52,174 and none was for payments to employees in excess of the $7,000 wage base, then what are the total FUTA and SUTA taxes for the payroll? The SUTA rate for Worldwide Industries is 4.2% and its FUTA rate is 6.2% less the 5.4% SUTA credit. If its weekly payroll is $52,174 and none was for payments to employees in excess of the $7,000 wage base, then what are the total FUTA and SUTA taxes for the payroll? $2,608.70 $3,279.54 $4,048.70 $4,386.10 a. $2,608.70 b. $3,279.54 c. $4,048.70 d. $4,386.10Explanation / Answer
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