Ritchie Company Ritchie Company uses a standard cost system for its production process. Ritchie Company applies overhead based on direct labor hours. The following information is available for July:
Refer to Ritchie Company Using the two-variance approach, what is the controllable variance?
A) $21,650 U
B) $16,480 U
C) $5,775 U
D) $12,080 U

Question

Ritchie Company Ritchie Company uses a standard cost system for its production process. Ritchie Company applies overhead based on direct labor hours. The following information is available for July:
 Refer to Ritchie Company Using the two-variance approach, what is the controllable variance?
A) $21,650 U 
B) $16,480 U 
C) $5,775 U 
D) $12,080 U

Quizplus · Accepted Answer

The Answer of Ritchie Company Ritchie Company uses a standard cost system for its production process. Ritchie Company applies overhead based on direct labor hours. The following information is available for July:
 Refer to Ritchie Company Using the two-variance approach, what is the controllable variance?
A) $21,650 U 
B) $16,480 U 
C) $5,775 U 
D) $12,080 U

Ritchie Company Ritchie Company Uses a Standard Cost System for Its