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Ritchie Company Ritchie Company Uses a Standard Cost System for Its

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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:
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 spending variance? A) $23,850 U B) $23,850 F C) $14,280 F D) $14,280 U Refer to Ritchie Company Using the three-variance approach, what is the spending variance?


A) $23,850 U
B) $23,850 F
C) $14,280 F
D) $14,280 U

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