Mcloyd Company completed the salaries and wages payroll for March The payroll provided the foliowing detalls: Required: 1. Considering both employee and employer payroli taxes, use the preceding information to calculate the total labor cost for the company for March 2. 8 3. Prepare the joumal entry to recoro the payroll for March, including employee deductions (but excluding employer payroil taxe and record empioyer's FICA taxes and unemployment taxes Complete this question by entering your answers in the tabs below. Considering both employee and employer payrol taxes, use the preceding information to calculate the total labor cost for the company for March. Journal entry worksheet Record the payroll for March including employee deductions: Salares and wages earned, $440,000; Empl6yee income taxes withheld/ $40,700; FICA taxes withheld, $31,460; Unempioyment taxes, $3,060. Notel Einter deb-ti before credits