McLoyd Company completed the salary and wage payroll for March 2013. The payroll provided the following details: Required: 1. Considering employer payroll taxes, use the preceding information to calculate the total labor cost for the company. Total Labor Cost 2. Prepare the journal entry to record the payroll for March, including employee deductions (but excluding employer payroll taxes). Employees were paid in March but amounts withheld were not yet remitted. (If no entry is required for a transaction/event, select No Journal Entry Required in the first account field.)