Olsen Company Olsen Company uses a standard cost system for its production process. Olsen Company applies overhead based on direct labor hours. The following information is available for July:

Standard:
Direct labor hours per unit	2.20
Variable overhead per hour	$2.50
Fixed overhead per hour
(based on 11,990 DLHs)	$3.00
Actual:
Units produced	4,400
Direct labor hours	8,800
Variable overhead	$29,950
Fixed overhead	$42,300

Refer to Olsen Company Using the two-variance approach, what is the controllable variance?

Select one:

a. $21,650 U

b. $5,775 U

c. $12,080 U

d. $16,480 U