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: Tom Couro $33 David Clancy 35 Jose Cano The process improvement category includes training, quality improvement, and other indirect tasks. Required: Journalize the entry on July 15 to record the factory labor costs for the week. 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