What is the average inventory at retail? [round off numbers] вом EOM January $50,500 $53,400 February $52,900 $54,100 March $54,200 $55,800 April S53,300 S56,300 May $56,300 $57,500 June $53,900 $54,300 O $53,034 O $54,527 $54,573 O $53,629

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter6: Cost Of Goods Sold And Inventory
Section: Chapter Questions
Problem 7MCQ
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What is the average inventory at retail? [round off numbers]
BOM
EOM
January
$50,500
$53,400
February
$52,900
$54,100
March
$54,200
$55,800
April
$53,300
S56,300
May
$56,300
$57,500
June
$53,900
$54,300
O $53,034
O $54,527
$54,573
$53,629
Transcribed Image Text:What is the average inventory at retail? [round off numbers] BOM EOM January $50,500 $53,400 February $52,900 $54,100 March $54,200 $55,800 April $53,300 S56,300 May $56,300 $57,500 June $53,900 $54,300 O $53,034 O $54,527 $54,573 $53,629
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