Show an understanding of different costing models (FIFO, LIFO, average cost, standard cost and others) and
w an understanding of different costing models (FIFO, LIFO, average cost, standard cost and others) and
days, absent days
that all chillers are packed neatly according to FIFO and are locked on completion of the last production correct housekeeping and packing and monitor stock (FIFO) levels. Monitor and process production batch figures
rotate perishable beverages and beer, using the FIFO method.
11. Always use assigned measures and
dates to be sold to ensure we are following the FIFO system
dates to be sold to ensure we are following the FIFO system All three scales to be checked daily and
Goods IBT's / GRV's daily. Ensure that the policy of FIFO applies. Ensure that nothing enters or leave the
Goods IBT's / GRV's daily. Ensure that the policy of FIFO applies. Ensure that nothing enters or leave the
skills. Experience with inventory costing methods (FIFO, LIFO, etc.). Knowledge of South African VAT regulations