Entry for Factory Labor Costs The weekly time tickets indicate the following distribution of labor hours for the direct labor employees Hours Process Job 301 Job 302 Job 303 Improvement Tom Couro 01 2 David Clancy 8 14 15 3 Jose Cano 14 B 4 The direct laborate earned per hour by the three employees it as follows: Tom Couro $24 David Clancy 10 Jose Cano 22 The process Improvement category includes training, quality improvement, and other indirect 2. Journaline the entry to record the factory about costs for the week. If an amount box does not require an entry leave a blank 5 b. Assume that Jobs 20 and 202 were completed but not sold dudno the week and that Job 903 remained incomplete at the end of the week. How would the direct labor costs for all three jobs be relected on the financial statements at the end of the week The director cost for 30 would be remain part of the The direct labor cuts for the completid Jobs would become art of the David Clancy 19 Jose Cano 22 The process Improvement category indudes trainino, quality improvement, and other indirect take Journal the entry to record the factory labor costs for the week an amount box does not cute an entry wave bank 88 b. Assume thats 301 and 30% we completed but not sold during the week and that Job remained incantat the end of the week. How would the direct labor costs of the herflected on the financial statements at the end of the The direct labor costs for the completed jobs would become part of the The director costs for 30% would be remain part of the