
Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
Edition 7ISBN: 978-1285448596
Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
Edition 7ISBN: 978-1285448596 Exercise 88
Amazon Appliance Company has three installers. Larry earns $355 per week, Curly earns $460 per week, and Moe earns $585 per week. The company's SUTA rate is 5.4%, and the FUTA rate is 6.0% minus the SUTA. As usual, these taxes are paid on the first $7,000 of each employee's earnings.
a. How much SUTA and FUTA tax does Amazon owe for the first quarter of the year?
b. How much SUTA and FUTA tax does Amazon owe for the second quarter of the year?
a. How much SUTA and FUTA tax does Amazon owe for the first quarter of the year?
b. How much SUTA and FUTA tax does Amazon owe for the second quarter of the year?
Explanation
Following information is given:
Weekly ...
Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
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