Section R. 393.29 - Licensee inventory obligationsRule 29. A licensee shall take an inventory by December 31 of each year in accordance with commission policy. The inventory shall include all of the following information:
(c) Unit cost (wholesale cost).(d) Unit cost times quantity (total of money assigned to the item).(e) Total value of complete inventory. It is the licensee's responsibility to assign a unit cost to each item and to extend the inventory to determine the value of the entire inventory for that particular facility.Mich. Admin. Code R. 393.29