Stockman Incorporated has provided the following data for the month of November. 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	$ 4,070	$15,680	$ 42,080	$ 61,830
Direct labor	7,760	27,440	73,640	108,840
Manufacturing overhead applied	5,130	14,250	37,620	57,000
Total	$16,960	$57,370	$153,340	$227,670

Manufacturing overhead for the month was overapplied by $1,000.

The company 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 overhead applied during the month in those accounts.

The work in process inventory at the end of November after allocation of any underapplied or overapplied manufacturing overhead for the month is closest to:

Multiple Choice

• $16,870

• $17,050

• $16,886

• $17,034