Instructions Determine the employer's payroll tax expense for the month, using the following rat FICA 7.65%, state unemployment 5.4%, and federal unemployment 0.8% a) (b) Prepare the journal entry to record December payroll tax expense. E11-14 Mayberry Company has two fringe benefit plans for its employees: 1. It grants employees 2 days' vacation for each month worked. Ten employees worked the , enitire month of March at an average daily wage of $140 per employe. 2 In its pension plan, the company recognizes 10% of gross earnings as a pension expense. Gross fund. Instructions earnings in March were $40,000. No contribution has been made to the pension the adjusting entries at March 31