Smith Gym employed Garcia Young for 20 weeks during the first quarter of the year. Her salary was $500 per week. Compute the FUTA and SUTA taxes Smith Gym must pay on Young's wages for the quarter, assuming that the state rate was 5.6%?
$448
$500 per week × 20 weeks = $10,00 . total wages
$7,00 . maximum × 0.00 . = $56 FUTA
$7,00 . maximum × 0.056 = $392 SUTA
$56 + $392 = $448 total unemployment taxes
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