Given the following, calculatge the state (assume 5.3%) and federal unemployment taxes that the employer must pay for each of the first two quarters. The federal unemployment tax is 0.6% on the first $7,000. Both state and federal unemployment taxes apply to the first $7,000 only. (Round your answers to the nearest cent)." I got the first quarter right and although I did the same thing to the second quarter, it was incorrect. I need help. Quarter 1 Quarter 2 Bill Adams $4,000 $8000 Rich Haines $8,000 $14,000 Alice Smooth $3,200 $3,800 First Quarter Second Quarter Total $14,200 Total $17,800 SUTA $752.60 SUTA $943.40 FUTA $85.20 FUTA $106.80
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"Given the following, calculatge the state (assume 5.3%) and federal
I got the first quarter right and although I did the same thing to the second quarter, it was incorrect. I need help.
Quarter 1 Quarter 2
Bill Adams $4,000 $8000
Rich Haines $8,000 $14,000
Alice Smooth $3,200 $3,800
First Quarter Second Quarter
Total $14,200 Total $17,800
SUTA $752.60 SUTA $943.40
FUTA $85.20 FUTA $106.80
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