Joyce Meadow pays her three workers $160, $470, and $800, respectively, per week. Calculate what Joyce will pay at the end of the first quarter for (A)state unemployment and (B)federal unemployment. Assume a state rate of 5.4%. Federal rate is .6%. Base is $7,000.

Question

Quizplus · Accepted Answer

Total pay worker 1: 13 × 160 = 2,080, Total pay worker 2: 13 × 470 = 6,110; Total pay worker 3: 13 × 800 = 10,400; Total pay: 2,080 + 6,110 + 10,400 = $18,590; Exempt wages not taxed for FUTA or SUTA: 10,400 - 7,000 = $3,400; Taxable pay: 18,590 - 3,400 = 15,190; SUTA = 15,190 × .054 = $820.26; FUTA = 15,190 × .006 = $91.14

Joyce Meadow Pays Her Three Workers $160, $470, and $800