(Appendix 11A)Nitrol Corporation Manufactures Brass Vases Using a Standard Cost

question 72

Multiple Choice

(Appendix 11A) 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

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Definitions:

Standard Deck

A pack of playing cards, typically comprising 52 cards in four suits, used in a variety of card games.

Without Replacement

A sampling method where once an item is selected, it is not put back into the population for potential reselection.

Consecutive Red Cards

In card games or sports like soccer, instances where red cards are issued in sequential order, either to players or as drawn cards from a deck.

Black Card

Often refers to a high-tier, exclusive credit card that offers extensive benefits and is typically invitation-only.