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CONDUCTING AND VALUING INVENTORY Restaurant has 145# of rice in inventory on March 30/19. It purchased: o 25# on March. 4th for $8/25# o 50#

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CONDUCTING AND VALUING INVENTORY Restaurant has 145# of rice in inventory on March 30/19. It purchased: o 25# on March. 4th for $8/25# o 50# on March 10 for $10.25/50# o 100# on March 28 at $9.50/50# 1) WEIGHT AVERAGE 2) MOST RECENT PRICING

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