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Calculate employer's total FUTA and SUTA tax. As TCLH Industries operates...

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Accounting

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Calculate employer's total FUTA and SUTA tax. As TCLH Industries operates in North Carolina, assume a SUTA tax rate of 12% and a tablamings threshold of 524.300 Current period taxable earnings for FUTA and SUTA taxes are the same as those for FICA taxes. Year-to-date table carings for FUTA and SUTA taxes, prior to the current pay period, are as follows: Zachary Fox: 50 Calvin Bell: $20.478.57 David Alexander $198.450 Michael Sierra: $117,600 1: Zachary Fox FUTA tax = 5 SUTA taxas x X 2 Calvin Bed FUTA as SUTA Taxs X 3 David Alexander FUTA tax = 5 SUTA tax=s 4 Michael Sierra FUTA x = SUTA tax

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