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


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29.99

The weekly time tickets indicate the following distribution of labor hours for three direct labor… 1 answer below » The weekly time tickets indicate the following distribution of labor hours for three direct labor employees: Hours Process Job 111 Job 112 Job 113 Improvement Johnny Daniels 18 10 5 7 Jack Walker 7 8 23 2 Jim Morgan 8 12 16 4 The direct labor rate earned by the three employees is as follows: Daniels $11.40 Walker 13.50 Morgan 11.75 The process improvement View complete question » The weekly time tickets indicate the following distribution of labor hours for three direct labor employees: Hours Process Job 111 Job 112 Job 113 Improvement Johnny Daniels 18 10 5 7 Jack Walker 7 8 23 2 Jim Morgan 8 12 16 4 The direct labor rate earned by the three employees is as follows: Daniels $11.40 Walker 13.50 Morgan 11.75 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 the week? View less » Jul 24 2014 07:48 AM

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