Dave O'Bannon earns $44,750 annually as a line supervisor for Redwood Manufacturers. If required, round...
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Accounting
Dave O'Bannon earns $44,750 annually as a line supervisor for Redwood Manufacturers. If required, round your answers to the nearest cent. a. If the SUTA tax rate is 5.4% of the first $7,000 earned in a year, how much SUTA tax must Redwood pay each year for Dave? $ b. If the FUTA tax rate is 6.0% of the first $7,000 earned in a year minus the SUTA tax paid, how much FUTA tax must the company pay each year for Dave? $
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