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Nitrol Corporation Manufactures Brass Vases Using a Standard Cost System

Question 58

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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 variable overhead rate variance for last year? A) $1,000 Favorable B) $1,060 Unfavorable C) $2,060 Unfavorable D) $9,500 Unfavorable The standard machine-hours per vase is 1.25.Last year Nitrol produced 84,000 vases. What was Nitrol's variable overhead rate variance for last year?


A) $1,000 Favorable
B) $1,060 Unfavorable
C) $2,060 Unfavorable
D) $9,500 Unfavorable

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