Phantom Enterprises Adds Materials to Production at the Beginning of the Process

Multiple Choice

Phantom Enterprises adds materials to production at the beginning of the process in the Production Department. It uses a single-step process. Data on material for this department for July 2018 are as follows: $\begin{array}{ll}\text { Production data (units) : } & \\\text { In process, beginning of July } & 10,000 \\\text { Started during July } & 60,000 \\\text { Completed and transferred out during July } & 55,000\\\\\text { Manufacturing cost: } & \\\text { Work in process, beginning } & \$ 39,000 \\\text { Materials used in July } & \$ 186,000\end{array}$ The company uses the FIFO inventory method.
The materials cost in Work in Process on July 31 is

A) $37,500.
B) $31,000.
C) $39,000.
D) $46,500.