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

The direct labor rate earned by the three employees is as follows:
Daniels .........$11.50
Price ........... 13.25
Zhu ........... 11.40
The process improvement category includes training, quality improvement, housekeeping, and other indirect tasks.
a. Journalize the entry to record the factory labor costs for the week.
b. Assume that Jobs 111 and 112 were completed but not sold during the week and that Job 113 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 theweek?

Transcribed Image Text:

Hours Process Job 111 Job 112 Job 113 Improvement Harvey Daniels Cedrick Price Dan Zhu 18 15 25 15 9 13