Ritchie Company Ritchie Company Uses a Standard Cost System for Its

question 115

Multiple Choice

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 three-variance approach,what is the volume variance?

• A)$13,260 U
• B)$2,640 F
• C)$6,930 U
• D)$0

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Definitions:

Federal Legislation

Laws passed by the national legislative body of a country, such as the United States Congress, that apply throughout the country.

Pollution

The introduction of contaminants into the natural environment, causing adverse change and harm to ecosystems, human health, or property.

Air Pollution Control Technology

Technologies and methods used to reduce or eliminate the emission of pollutants into the atmosphere.

Clean Air Act

A United States federal law designed to control air pollution on a national level by setting emissions standards for sources like automobiles and industrial facilities.