During 2019, Jake Gore worked for two different employers. Until May, he worked for Wonderman ConstructionCompany in Kansas City, Kansas, and earned $21,500. The state unemployment rate for Wonderman is 4.6%. Hethen changed jobs and worked for Buxmont Improvement Company in Mobile, Alabama, and earned $33,100 forthe rest of the year. The state unemployment rate for Buxmont is 5.1%. Determine the unemployment taxes (FUTAand SUTA) that would be paid by:a. Wonderman Construction Company ............................... $b. Buxmont Improvement Company ................................... $
During 2019, Jake Gore worked for two different employers. Until May, he worked for Wonderman ConstructionCompany in Kansas City, Kansas, and earned $21,500. The state unemployment rate for Wonderman is 4.6%. Hethen changed jobs and worked for Buxmont Improvement Company in Mobile, Alabama, and earned $33,100 forthe rest of the year. The state unemployment rate for Buxmont is 5.1%. Determine the unemployment taxes (FUTAand SUTA) that would be paid by:a. Wonderman Construction Company ............................... $b. Buxmont Improvement Company ................................... $
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
During 2019, Jake Gore worked for two different employers. Until May, he worked for Wonderman Construction
Company in Kansas City, Kansas, and earned $21,500. The state
then changed jobs and worked for Buxmont Improvement Company in Mobile, Alabama, and earned $33,100 for
the rest of the year. The state unemployment rate for Buxmont is 5.1%. Determine the unemployment taxes (FUTA
and SUTA) that would be paid by:
a. Wonderman Construction Company ............................... $
b. Buxmont Improvement Company ................................... $
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