Requirements 1. 2. Record Morris's direct labor journal entry (use Wages Payable). Explain what management will do with this variance information. Print Done Journalize the incurrence and assignment of direct labor costs, including the related variances. (Prepare a single compound journal entry Date Accounts and Explanation Debit Credit Requirement 2. Explain what management will do with this variance information. It enough for Morris's management to know that a variance occurred. They why it occurred. Each of the dire IS is not ment 2. Explain what management will do with this variance information enough for Morris's management to know that a variance occurred. They Y why it occurred. Each of the direct labor va do not need to know must know ist or enter anv number in the input fields and then continue to the next question d. Each of the direct labor variances will be investigated and information wil be obtained from the managers responsible for each investigated and the managers responsible for each variance will be blamed noted and no further investigations are necessary Requirements 1. 2. Record Morris's direct labor journal entry (use Wages Payable). Explain what management will do with this variance information. Print Done Journalize the incurrence and assignment of direct labor costs, including the related variances. (Prepare a single compound journal entry Date Accounts and Explanation Debit Credit Requirement 2. Explain what management will do with this variance information. It enough for Morris's management to know that a variance occurred. They why it occurred. Each of the dire IS is not ment 2. Explain what management will do with this variance information enough for Morris's management to know that a variance occurred. They Y why it occurred. Each of the direct labor va do not need to know must know ist or enter anv number in the input fields and then continue to the next question d. Each of the direct labor variances will be investigated and information wil be obtained from the managers responsible for each investigated and the managers responsible for each variance will be blamed noted and no further investigations are necessary