Recording Factory LaborCosts

The weeklytime ticketsindicate the following distribution of labor hours for three direct labor employees:

Hours Job 560A Job 560B Job 560C Process

Improvement

Eva Leavitt 22 14 7 3

Micah Stone 11 16 13 3

Travis Hendrix 13 12 12 4

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

Leavitt $18

Stone 25

Hendrix 21

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.

Factory labor costs transferred to Work in Process $fill in the blank 1

Factory labor costs transferred to Factory Overhead $fill in the blank 2

b.Assume that Jobs 560A and 560B were completed but not sold during the week and that Job 560C remained undone at the end of the week.

How would thedirect labor costsfor all three jobs be reflected on the financial statements at the end of the week?

Direct Labor Costs

Job 560A

a.would become part of finsihed goods

b.would remain apart of work in prgress inventory

Job 560B

a.would become part of finsihed goods

b.would remain apart of work in prgress inventory

Job 560C

a.would become part of finsihed goods

b.would remain apart of work in prgress inventory