! F7 F6 F5 F2 F1 1 6 4. In May of the current year, Flower Company transferred S

Question

! F7 F6 F5 F2 F1 1 6 4. In May of the current year, Flower Company transferred Shelly Simpson from its factory in Wisconsin to its plant in Tennessee. The company's SUTA tax rates based on its experience ratings are 6.2% in Wisconsin and 3.8% in Tennessee. Both states base the tax on the first $7,000 of each employee's earnings. This year, Flower Company paid Shelly wages of $31,850; $6,500 was paid in Wisconsin and the remainder in Tennessee. Assume neither state is a credit reduction state. Compute: a. (3 points) Amount of SUTA tax the company must pay to Wisconsin on Shelly's wages .

Explanation / Answer

Solution :

Amountof SUTA tax the company must pay to Wisconsin on Shelly's wages :-

= $6500 *6.2%

=$403

Thanks!

Related Questions

Navigate

• Browse (All)
• Browse #
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.