Use the Following Information for Questions $\text { Following information was available from the inventory records of Queen Company for July: }$

Multiple Choice

Use the following information for questions. $\text { Following information was available from the inventory records of Queen Company for July: }$
$\begin{array}{lrrr}&\text { Units }& \text { Unit Cost }& \text { Total.Cost }\\\text { Balance at July 1 } & 30,000 & £ 9.00 & £ 270,000 \\\text { Purchases: } & & & \\\quad \text { July 6 } & 20,000 & 10.20 & 204,000 \\\text { January 26 } & 27,000 & 10.40 & 280,800\end{array}$

$\begin{array}{cc}\text { Sales: }\\\text { July } 7 &(25,000) \\\text { July } 31 &\underline{(40,000) } \\\text { Balance at July } 31 &\underline{\underline{ 12,000}}\end{array}$
-What is Queen's cost of goods available for sale?

A) $£ 77,000$ .
B) $£ 284,800$ .
C) $£ 754,800$ .
D) cannot be determined.