Use the Following Information for Questions $\text { Brocken Co. has the following data related to an item of inventory. }$

Use the following information for questions . $\text { Brocken Co. has the following data related to an item of inventory. }$
$\begin{array}{ll}\text { Inventory, May } 1 & 1,000 \text { units } @ £ 4.20 \\\text { Purchase, May 7 } & 3,500 \text { units } @ £ 4.40 \\\text { Purchase, May } 16 & 700 \text { units } @ £ 4.50 \\\text { Inventory May } 31 & 1,300 \text { units }\end{array}$
-The value assigned to cost of goods sold if Brocken uses average-cost is

A) $£ 17,062$ .
B) $£ 16,900$ .
C) $£ 16,961$
D) $£ 17,520$ .