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Nitrol Corporation Manufactures Brass Vases Using a Standard Cost System

Question 100

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Nitrol Corporation manufactures brass vases using a standard cost system with standard machine-hours as the activity base for overhead. The following information relates to vase production at Nitrol for last year: Nitrol Corporation manufactures brass vases using a standard cost system with standard machine-hours as the activity base for overhead. The following information relates to vase production at Nitrol for last year: The standard machine-hours per vase is 1.25. Last year Nitrol produced 84,000 vases. What was Nitrol's fixed manufacturing overhead volume variance for last year? A) $2,500 Favorable B) $7,500 Favorable C) $12,500 Favorable D) $40,000 Unfavorable The standard machine-hours per vase is 1.25. Last year Nitrol produced 84,000 vases. What was Nitrol's fixed manufacturing overhead volume variance for last year?


A) $2,500 Favorable
B) $7,500 Favorable
C) $12,500 Favorable
D) $40,000 Unfavorable

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