peroni company paid wages of 170 900 this year of this amount 114 000 was taxable fo 4372736

Peroni Company paid wages of $170,900 this year. Of this amount, $114,000 was taxable for net FUTA and SUTA purposes. The state’s contribution tax rate is 3.1% for Peroni Company. Due to cash flow problems, the company did not make any SUTA payments until after the Form 940 filing date. Compute: a. Amount of credit the company would receive against the FUTA tax for its SUTA contributions …………………………………………………………………………………………………………………………… $_____ b. Amount that Peroni Company would pay to the federal government for its FUTA tax.. $_____ c. Amount that the company lost because of its late payments ……………………………………. $_____ View Solution:
Peroni Company paid wages of 170 900 this year Of this

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