Fun and Frolic Sporting Goods takes inventory quarterly. Beginning inventory for the year was $187,000. Inventory at the end of the first quarter was $175,000; at the end of the second quarter, $205,000; at the end of the third quarter, $190,500; and at the end of the year, $184,600. Compute the average inventory for Fun and Frolic Sporting Goods.

Question

Fun and Frolic Sporting Goods takes inventory quarterly. Beginning inventory for the year was $187,000. Inventory at the end of the first quarter was $175,000; at the end of the second quarter, $205,000; at the end of the third quarter, $190,500; and at the end of the year, $184,600. Compute the average inventory for Fun and Frolic Sporting Goods.​

Quizplus · Accepted Answer

The Answer of Fun and Frolic Sporting Goods takes inventory quarterly. Beginning inventory for the year was $187,000. Inventory at the end of the first quarter was $175,000; at the end of the second quarter, $205,000; at the end of the third quarter, $190,500; and at the end of the year, $184,600. Compute the average inventory for Fun and Frolic Sporting Goods.​

Fun and Frolic Sporting Goods Takes Inventory Quarterly