Round your answers to the nearest cent. a. Amount of SUTA tax the company must pay to Nebraska on Porter's wages $89.6 b. Amount of SUTA tax the company must pay to Michigan on Porter's wages $235.6 c. Amount of the net FUTA tax on Porter's wages (I mainly need this answer, Noboby has gotten it right before. it is not 232.80)

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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In April of the current year, Freeman Steel Company transferred Herb Porter from its factory in Nebraska to its plant in Michigan. The company's SUTA tax rates based on its experience ratings are 3.2% in Nebraska and 3.8% in Michigan. Both states base the tax on the first $9,000 of each employee's earnings. This year, Freeman Steel Company paid Herb Porter wages of $20,900; $2,800 were paid in Nebraska and the remainder in Michigan. Compute the following:

Round your answers to the nearest cent.

a. Amount of SUTA tax the company must pay to Nebraska on Porter's wages
$89.6

b. Amount of SUTA tax the company must pay to Michigan on Porter's wages
$235.6

c. Amount of the net FUTA tax on Porter's wages (I mainly need this answer, Noboby has gotten it right before. it is not 232.80)

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