Menken Food Services, Inc. has provided the following data for the month of May. There were no beginning inventories; consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month.

	Work In Process	Finished Goods	Cost of Goods Sold	Total
Direct materials	$ 4,240	$14,740	$ 41,580	$ 60,560
Direct labor	9,840	29,480	83,880	123,200
Manufacturing overhead applied	5,860	10,660	35,060	51,580
Total	$19,940	$54,880	$160,520	$235,340

The manufacturing overhead for the month was overapplied by $4,700. Menken Food Services, Inc. allocates any underapplied or overapplied manufacturing overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the manufacturing overhead applied during the month in those accounts. The work-in-process inventory at the end of May after allocation of any underapplied or overapplied manufacturing overhead for the month is closest to: (Round intermediate percentage computations to the nearest whole percent.)

Options:

1. $19,423
2. $20,012
3. $20,083
4. $19,494