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The current Federal Unemployment Taxes (FUTA) tax rate is 0.6%, and the State Unemployment Taxes...

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Accounting

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The current Federal Unemployment Taxes (FUTA) tax rate is 0.6%, and the State Unemployment Taxes (SUTA) tax rate is 5.4%. Both taxes are applied to the first $7,000 of an employee's pay. Assume that an employee earned total wages of $9,900. What is the amount of total unemployment taxes the employer must pay on this employee's wages? a. $594.00. b. $0.00. c. $534.60. d. $336.00. e. $420.00

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