Textbook Problem

During 2019, Shoupe Company was subject to the New Jersey state unemployment tax of 5.1%. The company’s taxable wages for FUTA were $93,400 and for SUTA, $194,300. Compute:

1. a. SUTA tax that Shoupe Company would pay to the state of New Jersey.......... $ ________
2. b. Net FUTA tax for 2019.................................................................................... $ ________
3. c. Amount of employees’ unemployment tax for 2019 (use the employee’s tax rate shown in Figure 5.1 on page 5-14)............................................................ $ ________