INVENTORY VALUATION AND TECHNICAL
This query is : Resolved
28 June 2010
DEAR ALL,
METHOD OF VALUATION AND TECHNICAL AS PER
AS-2.
VALUATION IN WIP AND FG STATGE
WITH THANKS
K A K
METHOD OF VALUATION AND TECHNICAL AS PER
AS-2.
VALUATION IN WIP AND FG STATGE
WITH THANKS
K A K
CMA Ramesh Krishnan
(Expert)
29 June 2010
For finished goods, we need to take cost of production per unit ( which is the actual prodcution expenses for the particular product)
For WIP you need to calculate the percentage of process completed if the product completed 60% you need to take proportionate cost
For finished goods, we need to take cost of production per unit ( which is the actual prodcution expenses for the particular product)
For WIP you need to calculate the percentage of process completed if the product completed 60% you need to take proportionate cost
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