Use the Following Information for the Next 7 Questions

question 74

Multiple Choice

Use the following information for the next 7 questions.
Brady, Inc. uses a normal absorption costing system in which the overhead rate and variable manufacturing costs have remained unchanged for the last 2 years. During the current year the following activity occurred: The firm had no beginning or ending work in process inventories. However, there were 1,000 units in beginning finished goods.
-The fixed overhead in cost of goods sold amounted to

• A) $90,000
• B) $66,960
• C) $72,000
• D) $84,960

---

Definitions:

Sculpted Figure

A three-dimensional artistic representation of a person or deity, created by sculpting materials such as stone, metal, or clay.

Glazier

A glassworker.

Cames

Thin metal strips, traditionally lead, used to join pieces of glass together in the creation of stained glass windows and art.

Optical Isolator Circuit

A component that uses light to transfer an electrical signal between two isolated circuits, preventing high voltages from affecting the system receiving the signal.