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 variable overhead rate variance for last year?
A) $1,000 Favorable
B) $1,060 Unfavorable
C) $2,060 Unfavorable
D) $9,500 Unfavorable
Correct Answer:

Verified
Correct Answer:
Verified
Q23: Pohl Corporation uses a standard cost system
Q24: A company has a standard cost system
Q25: A manufacturing company uses a standard costing
Q26: A manufacturer of playground equipment uses a
Q27: If all four of Argo Corporation's overhead
Q29: Bruley Corporation applies manufacturing overhead to products
Q30: Dixie Corporation has provided the following data
Q31: Cajun Corporation manufactures a labor-intensive product. The
Q32: The Murray Corporation uses a standard cost
Q33: In a standard cost system, overhead is