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closing stock valuation

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Querist : Anonymous

Querist : Anonymous (Querist)

26 April 2011 how to do stock valuation of stainless steel manufacturing company as on 31/3/2011 pl inform immediately

Nayan Das (Expert)
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09 May 2011 COST BASIS

CA Ravi Sisodia

CA Ravi Sisodia (Expert)
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09 May 2011 Cost or Nrv , whichever is lower.

Pankaj Gandhi Jaiswal

Pankaj Gandhi Jaiswal (Expert)
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05 June 2011 COST or NRV which ever is lower and for computing cost please refer AS 2 for fixed and variable manufactring overhead. here in manufactring company capacity of plant play vital role in inventory valuation

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