The SUTA rate for Thomson Temp Agency is 5.4% and its FUTA rate is 6% less the 5.4% SUTA credit.
If its semimonthly payroll is $137,320 and none was for payments to employees in excess of the $7,000 wage base, then what are the total FUTA and SUTA taxes (in $) for the payroll?
SUTA tax $ ___
FUTA tax $ ___
Total tax $ ___
