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McLoyd Company completed the salaries and wages payroll for March. The payroll provided the following details: 3460.000 42.550 Salaries and was earned ployee nece taxes

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McLoyd Company completed the salaries and wages payroll for March. The payroll provided the following details: 3460.000 42.550 Salaries and was earned ployee nece taxes withheld FICA taxes withheld Unemployment taxes 3,200 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, & 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. Employees were paid in March but amounts withheld were not yet remitted, Complete this question by entering your answers in the tabs below. Reg1 Reg 2 and 3 Consic Req 1 both employee and employer payroll taxes, use the preceding information to calculate the total labor cost for the company for March. Total Labor Cost - Rega Req 2 and 3 > Journal entry worksheet 2 . Record the payroll for March including employee deductions: Salaries and wages earned, $460,000; Employee income taxes withheld, $42,550; FICA taxes withheld, $32,890; Unemployment taxes, $3,200. Note: Enter debits before credits + General Journal Debit Credit Date March 31 Record entry Clear entry View general journal Journal entry worksheet Record the employer's FICA taxes and unemployment taxes: Salaries and wages earned, $460,000; Employee income taxes withheld, $42,550; FICA taxes withheld, $32,890; Unemployment taxes, $3,200. Note: Enter debits before credits. Date General Journal Debit Credit March 31 Record entry Clear entry View general journal

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