Merger co. has 10 employees, each of whom earns $2,000 per month and has been employed since january 1. fica social security taxes are 6.2% of the first $118,500 paid to each employee, and fica medicare taxes are 1.45% of gross pay. futa taxes are 0.6% and suta taxes are 5.4% of the first $7,000 paid to each employee. prepare the march 31 journal entry to record the march payroll taxes expenses. (round amounts to cents.)

Mesa company produces wooden rocking chairs. the company has two production departments, cutting and assembly. the wood is cut and sanded in cutting and then transferred to assembly to be assembled and painted. from assembly, the chairs are transferred to finished goods inventory and then are sold. mesa has compiled the following information for the month of february: cutting department assemblydepartmentdirect materials $ 73,000 $ 13,000direct labor 73,000 108,000applied manufacturing overhead 159,000 171,000cost of goods completed and transferred out 233,000 255,000required: 1, 2, 3, & 4. prepare journal entries for the transactions in the cutting and assembly departments of mesa company. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)