Retailers often use the retail inventory method to value inventory. In most retail businesses, you can see a clear pattern between the cost of products and their retail price. This enables retailers to convert retail prices to cost for inventory valuation purposes. To calculate the final cost of the inventory using this method, calculate the cost-to-retail ratio for a specific year and multiply the ending inventory retail value by this ratio. Significance Retail businesses can use the projected retail cost to value the inventory.
Defining meal support/supervision. Meal support is a form of emotional support provided. to a person struggling with an eating disorder before, during and after meals and snacks in an effort to. increase the struggling personâs success with. meal/snack completion. (Leichner 2005)
Meal Periods. Meal periods are usually 30 minutes or more. According to the Department of Labor, an employer does not have to compensate an employee for a meal period of 30 minutes or longer. During this time, however, the employee must be completely relieved of duty. Also, federal regulations require the employer to compensate the employee if he performs work duties during a designated meal period. For example, if an employee begins his meal time but receives an urgent call from a customer that requires immediate attention, this is considered working time and the employer must pay for that time.