Multiple Choice
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 total underapplied or overapplied overhead cost for last year?
A) $1,060 overapplied
B) $1,060 underapplied
C) $7,940 overapplied
D) $13,940 overapplied
Correct Answer:
Verified
Correct Answer:
Verified
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