Exercise 3.3 Modified wage plan Randy Wetzel earns $25 per hour for up to 400 units of production per day. If he produces more than 400 units per day, he will receive an additional piece rate of $.50 per unit. Assume 164 Principles of Cost Accounting Recall and Review 1 a. Determine Wetzel's earnings for each day and ror ue week. b. Prepare the journal entry to distribute the payroll, assuming that any make-up guarantees are charged to Factory Overhead