Direct manufacturing costs Select one: a. It is called manufacturing overhead b. includes direct material only C. can not be traced to the product that created the costs d. includes direct material and direct labor Which of the following is true if the volume of sales decrease Select one: a. fixed cost decreases b. variable cost increases C. fixed cost increases d. variable cost decreases Which of the following is not an operating budget : Select one: a. direct material purchase budget b. cash budget c. production budget d. revenue budget In which order are the following developed? First to last: A = Production budget B = Direct materials costs budget Budgeted income statement D = Revenues budget Select one: a. ABDC b. CABD C. DCAB d. DABC Which of the following is not an operating budget : Select one: a. direct material usage budget b. balance sheet budget C. production budget d. cost of goods sold budget