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Please answer every part of the question. Thank You! Mcloyd Company completed the salaries and wages payroll for March. The payroll pronded the followng detalls:

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Mcloyd Company completed the salaries and wages payroll for March. The payroll pronded the followng detalls: 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 joumal entry to record the payroll for March. Including employee deductions (but excluding employer payroll taxes) and record employer's ACA taxes and unemployment taxes. Complete this question by entering your answers in the tabs below. Considering both employee and employer payroll taxes, use the preceding information to calculate the total labor cost for the company for March. Complebe this question by entering your answers in the tabs below. Prepare the journal entry to record the payroll for March, induding employee deductions (but excluding employer payroll taxes) and record employer's FICA taxes and unemployment taxes. (If no entry is required for a bansaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the payroll for March induding employee deductions: Salaries and wages earned, $500,000; Employee income taxes withheld, $46,250; FICA taxes withheld, $35,750, Unemployment taxes, $3,475. Note: Enter debits betare credits. Journal entry worksheet Record the employer's FICA taxes and unemployment taxes: Salaries and wages earned, $500,000; Employee income taxes withheld, $46,250; FICA taxes withheld, $35,750; Unemployment taxes, $3,475. Note: Enter debits before credits

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