Table:
|  | December 31 |  |
| --- | --- | --- |
|  | 2019 | 2018 |
| Finished goods | $698 | $853 |
| Raw materials | 90 | 3 |
| Packaging | 110 | 102 |
| Inventories | $ 898 | $ 958 |
Paragraphs:
NOTE 7. INVENTORIES
The following table details the components of inventories (in thousands).
Question:
What is the average value of finished goods in 2018 and 2019?
Answer: (853 + 698)/2  = 775.5