Chapter 19 Job Costing The direct labor rate earned per hour by the three employees is as follows: Landon Vincent Fahad Hamad Ivory Argo $35 36 28 WOH SA The process improvement category includes training, quality improvement, and other indi- rect tasks. a. Journalize the entry to record the factory labor costs for the week. b. Assume that Jobs 301 and 302 were completed but not sold during the week and that Job 303 remained incomplete at the end of the week. How would the direct labor costs for all three jobs be reflected on the financial statements at the end of the week? EX 19-7 Entries for direct labor and factory overhead OBJ. 2 Townsend Industries Inc. manufactures recreational vehicles. Townsend uses a job order cost system. The time tickets from November jobs are summarized as follows: Job 201 Job 202 Job 203 Job 204 Factory supervision $6,240 7,000 5,210 6,750 4,000 Factory overhead is applied to jobs on the basis of a predetermined overhead rate of $18 per direct labor hour. The direct labor rate is $40 per hour. a. Journalize the entry to record the factory labor costs. b. Journalize the entry to apply factory overhead to production for November.