The following information is available for Department Z for the month of July Units Work in process, July 1 (70% complete) Direct materials Direct labor Manufacturing overhead Total work in process, July 1 Started in production during July Costs added: Direct materials Direct labor Manufacturing overhead Total costs added during July work in process, July 31, (7.5% complete) 2,000 $ 6,000 20,000 2,000 Materials are added at the beginning of the process. Department Z's cost of goods transferred out using the FIFO method would be Oa. $47,056. Ob. $44,500. Oc. $40,250. Od. $45,540