The Average Inventory at Cost for Western Gear, Inc

Multiple Choice

The average inventory at cost for Western Gear, Inc. was $367,985. The turnover rate at cost was 3.4, based on cost of goods sold of $1,251,150. The published inventory turnover at cost is 5.7. Since the actual turnover rate is less than the published rate, calculate the target average inventory at cost. (Round your answer to the nearest dollar)

A) $148,500
B) $219,500
C) $367,900
D) $368,000