Thank you - forgive me for being obtuse - I based our inventory value on the whole sale amount I would charge retailers (we sell on consignment at times). The majority of our sales are retail on Etsy. I took the number of items by the whole sale cost to arrive at my inventory value.
I am restating the original question because my spouse is convinced it should be a lower value and I'm not in agreement. If you could clarify further for the peanut gallery I'd appreciate it.
Thanks!
