Last Month a Manufacturing Company Had the Following Operating Results

Multiple Choice

Last month a manufacturing company had the following operating results:
What was the cost of goods manufactured for the month?
$\begin{array}{lrr} \text { Beginning finished goods inventory} &£ 84,000 \\ \text { Ending finished goods inventory} &£ 71,000\\ \text { Sales } &£ 505,000\\ \text {Gross margin } &£ 63,000\\\end{array}$

A) £429,000
B) £492,000
C) £442,000
D) £455,000