Valuation of spare invdear experts entory

CMA Anupam (Cost Accountant) (62 Points)

21 July 2015  

Dear Experts,

We are using a filler machine at our company and this machine is used in filling the production in the bottles. We have kept some spares parts of this machine in the store, should we include valuation of this spare inventory in our inventory valuation to be taken to Balance sheet as per AS-2?