Macier Company completed the salary and wage payroll for March 2014. The payroll provided the following details:

Salaries and wages earned	$	225,000
Employee income taxes withheld		49,700
Canada Pension Plan		2,250
Employment Insurance		700

Required:

1-a. Considering both employee and employer payroll taxes, use the preceding information to calculate the total labour cost for the company. TIP: Employer CPP equals employee CPP. Employer EI equals 1.4 times employee EI.

1-b. Prepare the journal entry to record the payroll for March, including employee deductions (but excluding employer payroll taxes). (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

1-c. Prepare the journal entry to record the employers CPP and EI contributions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)