Download the restaurant spreadsheets Loading… What is considered inventory for a restaurant? Video summary Inventory information is only useful if…
If you know the price of something, you can calculate the cost that will give you a 30% margin as…
FIFO is a method of valuing inventory and cost of goods sold (COGS). FIFO is an acronym for First In,…
There are two methods that can be used to allocate costs in a process costing system. They are weighted average…