Macier Company completed the salary and wage payroll for March 2017. The payroll provided the following details: Salaries and wages earned Employee income taxes withheld Canada Pension Plan Employment Insurance $ 235,000 50,700 2.750 800 Required: 1. 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 El equals 14 times employee El. Total labour cost 2. 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.) View transaction filet Journal entry worksheet > Record the payroll for march including employee deductions but excluding employer payroll taxes. Note Edebits before credits Date March 31, 2017 General Journal Debil Credit - 3. Prepare the journal entry to record the employer's CPP and El contributions. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction lat Journal entry worksheet