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for 2nd part use the statement of 1st part Determine the averare inventory of a store for its third quarter (August to October) given the

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for 2nd part use the statement of 1st part

Determine the averare inventory of a store for its third quarter (August to October) given the following inventory information: Month Sales BOM Inventory February $12,000 $22,000 March $10,000 $16,000 April $7,000 $15,500 May $16,000 $25,000 June $14,425 $26,250 July $18,000 $36,000 August $17,000 $22,250 September $13,000 $20,000 October $21,575 $28,800 November $25,250 $29,400 December $30,370 $36,000 January $15,000 $24,000 Using information from the previous question, determine the inventory turnover for the following time frames: a. Month of June b. Six-month spring summer season (February to July)

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