(Solved by Humans)-Problem 8-47B PAYROLL ACCOUNTING McLaughlin Manufacturing has the following data available for...

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Problem  8-47B  PAYROLL ACCOUNTING McLaughlin Manufacturing has the following data available for its March 31, 2009, payroll:   Wages earned                                                $366,000* Federal income tax withheld                           91,800 State income tax withheld                                 8,600 * All subject to Social Security and Medicare matching and withholding at 6.2% and 1.45%, respectively.   Federal unemployment tax at 3.2 percent is payable on wages of $7,000, and state unem- ployment tax at 3.0 percent is payable on the same amount of wages.   Required: Compute the taxes payable and wages that will be paid to employees. Then prepare the journal entries to record the wages earned and the payroll taxes.