The formula for the volume of a cone is:
\[
\text{Volume} = \frac{1}{3} \pi r^2 h
\]
where \(r = 6 \, \text{cm}\) and \(h = 7 \, \text{cm}\). Using \(\pi = \frac{22}{7}\), we substitute the values:
\[
\text{Volume} = \frac{1}{3} \times \frac{22}{7} \times 6^2 \times 7 = \frac{1}{3} \times \frac{22}{7} \times 36 \times 7 = \frac{1}{3} \times 22 \times 36 = 264 \, \text{cm}^3
\]
Thus, the correct answer is option (1).