When a manufacturing company incurs Direct Labor, it assigns the cost by...... a dr. Work In Process bcr. Work In Process c. dr. Manufacturing Overhead d cr. Manufacturing Overhead e. dr. Wages Payable 23 You just finished preparing a 5 year budget for your company. This budget would be considered a/an...... Sut of a. Strategic Budget b. Operational Budget C. Master Budget d. Flexible Budget on 25 1 red = Given the following information for Direct Materials: Standard Quantity = 14.00 Standard Price = $5.00 Actual Quantity = 11.00 Actual Price = $6.00 What is the DM Price Variance? d out of 9 ion a. $11 Unfavorable b. Favorable c. $14 Unfavorable d. Favorable