T T Payroll for pieoe-rate wage ystem Collier Manufacturing Co. operates on a modified wage plan. During one week's operation, the following direct labor costs were incurred: P3-4 Units Completed Piece Rate per T W Employee 100 Units 4,800 8,000 6,800 6 500 7,100 $1.20 A Travis 7000 2,800 6,400 6,300 2,900 1.10 L Nessman 2800 7 100 6,200 6,000 6.100 B Smithers 1.30 The employeos are machine operators. Piece rates vary with the kind of product being produced. A minimum of $70 per day is guaranteed to each employee by union contract Required Compute the weekly earnings for .Travis. Nessman, and Smithers. 2. Prepare journal entries to: record the week's payroll, assuming that none of the a. employees has achieverl the maximum base wage for FICA taxes. The income tax withheld for eaclh employee amounts to 10%% of gross wages b. record payment of the payrol record the ernplover's share of payroll taxes, assuming that none of the employees has achieved the maxinmum base wage for FICA or unemployment taxes. T T Payroll for pieoe-rate wage ystem Collier Manufacturing Co. operates on a modified wage plan. During one week's operation, the following direct labor costs were incurred: P3-4 Units Completed Piece Rate per T W Employee 100 Units 4,800 8,000 6,800 6 500 7,100 $1.20 A Travis 7000 2,800 6,400 6,300 2,900 1.10 L Nessman 2800 7 100 6,200 6,000 6.100 B Smithers 1.30 The employeos are machine operators. Piece rates vary with the kind of product being produced. A minimum of $70 per day is guaranteed to each employee by union contract Required Compute the weekly earnings for .Travis. Nessman, and Smithers. 2. Prepare journal entries to: record the week's payroll, assuming that none of the a. employees has achieverl the maximum base wage for FICA taxes. The income tax withheld for eaclh employee amounts to 10%% of gross wages b. record payment of the payrol record the ernplover's share of payroll taxes, assuming that none of the employees has achieved the maxinmum base wage for FICA or unemployment taxes