Entry for Factory Labor Costs The weekly time tickets indicate the following distribution of labor hours for three direct labor employees: Hours Job 301 Job 302 Job 303 Process Improvement 3 Tom Couro 19 8 David Clancy 12 17 12 2 Jose Cano 10 12 11 5 The direct labor rate earned per hour by the three employees is as follows: Tom Couro $20 David Clancy 22 Jose Cano 18 The process Improvement category includes training, quality Improvement, and other indirect tasks. a. Journalize the entry to record the factory labor costs for the week. If an amount box does not require an entry, leave it blank b. Assume that 301 and 302 vere competed but not sold outing the week and that Job 303 remained incompete at the end of the week. How wouls the direct labor costs for all three fobs be reflected on the financial statements at the cod of the week? The direct labor costs for the completed Jobs would become part of the The direct labor costs for Job 363 would be remain part of the