This topic contains a solution. Click here to go to the answer

Author Question: A state has a state unemployment tax rate of 5.2. What is the FUTA rate in that ... (Read 41 times)

fnuegbu

  • Hero Member
  • *****
  • Posts: 539
A state has a state unemployment tax rate of 5.2. What is the FUTA rate in that state?

Question 2

Roger Milken had gross earnings of 7,700 the first quarter and also the second quarter. If Roger lives in a state with a SUTA of 6 for gross earnings up to and including 9,000, how much will Roger's employer pay in state unemployment tax the first quarter and the second quarter?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Toya9913

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

1;
6.2 - 5.2 = 1

Answer to Question 2

First quarter: 462; 7,700  0.06 = 462;
Second quarter: 78; 9,000 - 7,700 = 1,300; 1,300  0.06 = 78




fnuegbu

  • Member
  • Posts: 539
Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it


pangili4

  • Member
  • Posts: 346
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

For a complete list of videos, visit our video library