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

	Hours
				Process
	Job 301	Job 302	Job 303	Improvement
Landon Vincent	9	15	14	2
Fahad Hamad	13	13	14	1
Ivory Argo	10	11	16	3

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

Landon Vincent	$33
Fahad Hamad	36
Ivory Argo	26

The process improvement category includes training, quality improvement, and other indirect tasks.

Required:

a.	Journalize the entry on July 15 to record the factory labor costs for the week. Refer to the chart of accounts for the exact wording of the account titles.
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?