An analysis of the payroll for the month of November for CinMar Inc. reveals the information shown: Employee Name Andrews Gross Earnings*Week Ending 11/8 11/15 11/22 11/29 $ 500 $ 480 $ 490 $ 520 Lomax 480 470 460 480 520 500 540 580 Herzog Dimmick 2,400 2,400 2,400 2,400 Hendrick 800 760 850 870 * All regular time Andrews, Lomax, and Herzog are production workers, and Dimmick is the plant manager. Hendrick is in charge of the office. Cumulative earnings paid (before deductions) in this calendar year prior to the payroll period ending November 8 were as follows: Andrews, $21,200; Lomax, $6,800; Herzog, $11,500; Dimmick, $116,200; and Hendrick, $32,800. Required: The solution to this problem requires the following forms, using the indicated column headings: 173 174 Employee Earnings Record Payroll Record Labor Cost Summary Week Ending Employee's Name Week Ending Weekly Gross Earnings Gross Earnings Dr. Work in Process (Direct Labor) Withholdings (2 columns): Withholdings (2 columns): Accumulated Gross Earnings FICA Tax Dr. Factory Overhead (Indirect Labor) Income Tax (10%) Weekly Earnings Subject to FICA Net Amount Paid Dr. Administrative Salaries (Office) Withholding (2 columns): FICA Tax Cr. Payroll (Total) Income Tax (10%) Net Amount Paid 1. Prepare an employee earnings record for each of the five employees. 2. Prepare a payroll record for each of the four weeks. 3. Prepare a labor cost summary for the month. 4. Prepare journal entries to record the following: a. The payroll for each of the four weeks. b. The payment of wages for each of the four payrolls. C. The distribution of the monthly labor costs per the labor cost summary. d. The company's payroll taxes covering the four payroll periods