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 noncontrollable variance?
A) $26,040 F
B) $0
C) $6,930 U
D) $13,260 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 noncontrollable variance?
A) $26,040 F 
B) $0 
C) $6,930 U 
D) $13,260 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 noncontrollable variance?
A) $26,040 F 
B) $0 
C) $6,930 U 
D) $13,260 U

Ritchie Company Ritchie Company Uses a Standard Cost System for Its