E10-3 Recording Payroll Costs LO 10-2] Company completed the salaries and wages payroll for March. The payroll provided the following details: McLoyd Salaries and wages earned Employee income taxes withheld FICA taxes withheld Unemployment taxes $486,e00 37,000 28,680 2,780 ook Required: 1. Considering both employee and employer payroll taxes, use the preceding information to calculate the total labor cost for the company for March. 2 6 3. Prepare the journal entry to record the payroll for March, including employee deductions (but excluding employer payrol rint and record employers FICA taxes and unemployment taxes Complete this question by entering your answers in the tabs below Req 1 Req 2 and 3 Considering both employee and employer payroll taxes, use the preceding information to calculate the total labor cost for the company for March. Req 2 and 3 McLoyd Company completed the salaries and wages payrolil for March. The payroll provided the following details Salaries and vages earned Enplayee income taxes withheld FICA taxes withheld Unemployment taxes $400, 0ee 7,9 17 points 28,6e0 2, 780 Required: 1. Considering both employee and employer payroli taxes, use the preceding Information to calculate the total labor cost for the company for March 3. Piepare the jounalenty to record the payrol for March,inctuding employee deductions (but excluding employer peyoli taxes) and record employer's FICA taxes and unemployment taxes Complete this question by entering your answers in the tabs below eerence Req1 Req 2 and 3 Prepare the journal entry to record the payroll for March, ineluding employee deductions (but excluding employer payroll taxes) and record employer's FICA taxes and unemployment taxes. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account ield.) Journal entry worksheet Record the payroll for March including employee deductions Salaries and wages earned. S400,000: Employee income taxes withheld, $3,000 FCA taxes withheld, $28,600 Unemployment taxes, $2.780 ote Etey debits before dit March 31 Record entry Clear entry McLoyd Company completed the salaries and wages payroll for March. The payrol provided the following details Salaries and vages earned Employee incone taxes withheld FICA taxes withheld Unenploysent taxes 548e, 8e 37,890 28,680 2,780 17 Required: 1. Considering both employee and employer psyroll taxes, use the preceding information to calculate the total labor cost for the company for March 2&3.Prepare the journal entry to record the payroll for March, ncluding employee deductions (but excluding employer payroll taxes) and record employers FICA taxes and unemployment taxes Print Complete this question by entering your answers in the tabs below. eq 1 Req 2 and 3 Prepare the journal entry to record the payroll for March, including employee deductions (but excluding employer payroll taxes) and record employer's FICA taxes and unemployment taxes. (1 no entry is required for a Required" in the first account field.) transaction/event, select "No Journal Entry Journal entry worksheet Racord the employer's FICA taes and unemployment taces: Salaries and weges earned. S400.000, Employee income taxes witNeld, S37.000, PCA taxes withheld, $28.600i Unemployment taxes, $2.780 Record entry Clear entry