What would be the amount of the voluntary contribution

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Question - Caruso company's SUTA tax rate for next year is 2.9% because its reserve ratio falls in its state's 8% to less the 10% category {contributions - benefits paid}/average payroll = $93,500/$971,500 = 9.62%}

If the next category (10% to less than 12%) would give Caruso a lower tax rate of 2.3%, what would be the amount of the voluntary contribution needed to get Caruso to that next category?

Reference no: EM132100443

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