The direct labor rate eamed per hour by the three employees is as follows: The process improvement category includes training, quality improvernent, and other indirect tasks. Required: a. Joumalize the entry on July 15 to record the factory inbor costs for the wook. Rofor to the chart of accounts for the oxact wording of the account ttiles. CNOW joumals do not use lines for journal expianations. Every line on a journal pago is used for doblt or credt entrios. CNOW joumals will automatically indent a credit entry when a credit amount is entered. b. Assume that Jobs 301 and 302 were completed but not sold during the week and that Job 303 romained incomplete at the ond of the week: How would the dinect labor casis for all three jobs be reflected on the financial statements at the ond of the week? a. Joumalize the entry on July 15 to record the faclory labor costs for the week. Refer to the chart of accounts for the exact wording of the account bises. CNOW foumals do not use ines for joumaf explanations. Every line on a foumal page is used for dobit or credit entries. CNOW journals wiv automatcally indant a credt enty afien a croofit amount is entered. b. Assume that Jobs 301 and 302 were comploted but not sold during the week and that Job 303 remained incomplele at the end of the week. How would the direct labor casts for ell three pos be reliecled on the financial statements at the end of the week