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

Tom Couro $17853$

David Clancy $1217165$

Jose Cano $1017114$

The direct labor rate earned per hour by the three employees is as follows:

Tom Couro $$24$

David Clancy $19$

Jose Cano $22$

The process improvement category includes training, quality improvement, housekeeping, and other indirect tasks. $($Note: Ignore any overtime issues, if applicable.$)$

Question Content Area

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.

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Question Content Area

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?

The direct labor costs for the completed jobs would become part of the

$($Blank$).$The direct labor costs for Job $303$ would be remain part of the

$($blank$)$Entry for Factory Labor Costs

The weekly time tickets indicate the following distribution of labor hours for three direct labor employees:

The direct labor rate earned per hour by the three employees is as follows:

The process improvement category Includes training, quality improvement, housekeeping, and other indirect tasks. $($Note: Ignore any overtime issues, if applicable.$)$

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.

The direct labor costs for the completed jobs would become part of the

The direct labor costs for Job $303$ would be remain part of the