Question

Roger Ratkin, the owner of Roger’s Subs, has three employees who earn $500, $550, and $700, respectively. How much does Roger owe for the first 12 weeks for SUTA and FUTA? Assume a SUTA rate of 5.3% and a FUTA rate of .8%.

Answer 1

First figure out how much each made over 12 weeks:
500 × 12 = $6000
550 × 12 = $6600
700 × 12 = $8400

Next figure out SUTA:
$6000 × .053 = $318
$6600 × .053 = $349.80
$8400 × .053 = $445.20

$318 + $349.80 + $445.30 = $1113.00 paid for 12 wks

Next figure out FUTA:
$6000 × .008 = $48
$6600 × .008 = $52.80
$8400 × .008 = $67.20

$48 + $52.80 + $67.20 = $168 paid for 12 weeks

PLEASE GIVE BRAINLIEST