16 oz. can refried beans
4 oz. (1 c.) grated cheddar or Monterey Jack cheese
1/2 c. taco sauce
4 oz. can chopped green chilies
1/4 c. chopped onion
1 1/2 tsp. chili powder
1/4 tsp. oregano
Tortilla chips

Combine ingredients in medium pan and heat on medium high 5 to 7 minutes stirring frequently. Or microwave in 1 1/2 quart casserole dish 5 to 7 minutes on high. When done: top mixture with sour cream, chopped black olives, and chopped tomatoes if desired. Serve with tortilla chips.