The trial balance of Blue Limited shows cost of sales for the year of 203,000, which includes the closing inventory at cost.

Following a review of the inventory valuations, the directors advise you that they have concerns about the valuation of Raw Material C. There are 1,000 units of Raw Material C, which cost 10 each. Raw Material C is the sole raw material used in Finished Product P (FPP). Two units of Raw Material C are used in each unit of FPP. Each unit of FPP also requires 5 worth of labour and 3 of overheads.

Due to a fluctuation in the foreign exchange rate with the sole customer who purchases FPP, the sales price in Euro has fallen to 25 per unit. Each unit sold incurs delivery costs of 1.

What is the final Cost of Sales figure for Blue Limited after making any necessary adjustments in relation to the inventory of Raw Material C