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E10-12 Recording factory labor costs The weekly time tickets indicate the following distribution of labor hours for three direct labor employees: Hours Process Improvement Job

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E10-12 Recording factory labor costs The weekly time tickets indicate the following distribution of labor hours for three direct labor employees: Hours Process Improvement Job 560C Job 560B Job 560A 4 15 15 Eva Leavitt 2 13 15 10 Micah Stone 4 10 14 12 Travis Hendrix The direct labor rate earned by the three employees is as follows: $31 Leavitt 28 Stone 20 Hendrix The process improvement category includes training, quality improvement, housekeeping, and other indirect tasks. a. Determine the amounts of factory labor costs transferred to Work in Process and Factory Overhead for the week. b. Assume that Jobs 560A and 560B were completed but not sold during the week and that Job 560C 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

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