User Account

All Pages

The suta rate in yengling company state

Assignment Help Accounting Basics
Reference no: EM13913849

Yengling Company's payroll for the year is $593,150. Of this amount, $211,630 is for wages paid in excess of $7,000 to each individual employee. The SUTA rate in Yengling Company's state is 2.9% on the first $7,000 of each employee's earnings. 

Compute:

a. Net FUTA tax . . . . . . . . . . . . . . . $___________
b. Net SUTA tax . . . . . . . . . . . . . . . $___________
c. Total unemployment taxes . . . . . $___________

Reference no: EM13913849

Questions Cloud

What amount of net income did the company earn during year : During the year, an additional $40,000 of common stock was issued, and the company paid dividends of $48,000. What amount of net income did the company earn during the year?
Maintain constant growth rate in its dividends : Suppose you know that a company’s stock currently sells for $65.30 per share and the required return on the stock is 9 percent. You also know that the total return on the stock is evenly divided between capital gains yield and dividend yield. Require..
Discuss branding part of marketing strategy development : Be sure to include the information from our discussions on branding as part of the marketing strategy development phase of the process.
Determining the tension in the string : A conical pendulum has length 1 m and bob of mass 0.1 kg the angular speed of the bob is 14/√10 rad/sec, find the tension in the string.
The suta rate in yengling company state : Yengling Company's payroll for the year is $593,150. Of this amount, $211,630 is for wages paid in excess of $7,000 to each individual employee.
Gross income as the recovery of a prior deduction : Orange Furniture must include $ in gross income as the recovery of a prior deduction.
About the treasury bonds : Consider the following: A foreign automobile company builds a manufacturing plant in USA and Chinese investors buy U.S. Treasury Bonds. PLEASE EXPLAIN YOUR REASONING
Required return equal to the expected return : Simpkins Corporation does not pay any dividends because it is expanding rapidly and needs to retain all of its earnings. However, investors expect Simpkins to begin paying dividends, with the first dividend of $2.00 coming 3 years from today. what is..
What is the stockholders equity at the end of the year : At the beginning of the year, Sun Company's assets were $275,000, and its stockholders' equity was $150,000. What is the stockholders' equity at the end of the year?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Roberts iii corporation is considering an investment in

roberts iii corporation is considering an investment in special-purpose equipment to enable the company to obtain a

  Cost of production report for february

Prepare a cost of production report for February using the weighted-average method. Show all work and calculations for EUP, Cost per EUP, and Total Cost Accounted For.

  At the time of the combination tester reported common stock

on january 1 20x8 ramon corporation acquired 75 percent of tester companys voting common stock for 300000. at the time

  Determining unamortized bond discount

Moon uses the effective interest method of amortizing bond discount. Interest is payable annually on June 30. At June 30, 2004, Moon's unamortized bond discount should be

  What causes the creation of a deferred tax account on the

what causes the creation of a deferred tax account on the balance sheet?a. permanent differences in income tax

  Howell corporation purchased 350000 of its bonds on june 30

a howell corporation purchased 350000 of its bonds on june 30 2010 at 102 and immediately retired them. the carrying

  Flexisoft company has had excellent success in developing

flexisoft company has had excellent success in developing business software for computers. management has followed the

  What balance sheet valuation is used for ar inventory and

what balance sheet valuation is used for ar inventory and ppe respectively? a- ar - nrv inventory - lcm ppe - fair

  Which of the following are characteristics of an effective

which of the following are characteristics of an effective manual accounting system but not characteristics of an

  Finished units of production require 7 pounds of raw

direct materials purchases budget lo 2roehler industrial has estimated that production for the next five quarters will

  Prepare a schedule for january and february showing budgeted

Denard has a desired ending balance of shoes on hand equal to 10% of the following month's expected shoe sales. On December 31, Denard had 5,000 shoes in stock.

  The per-unit standards for direct labor are 2 direct labor

the per-unit standards for direct labor are 2 direct labor hours at 12 per hour. if in producing 1200 units the actual

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd