Stock valuation
This query is : Resolved
17 January 2010
Fixed expenses should consider for valuation of Finished stock or it should take only variable cost for stock valuation. If yes tell me some fixed expeses should take on valuation of stock
CMA Ramesh Krishnan
(Expert)
17 January 2010
As per AS-2 - Fixed expenses also we need to consider for stock valuation
18 January 2010
Example of some fixed expenses:-
Factory Rent, Production Manager/Supervisor salary,Depriciation on machinery etc.
Factory Rent, Production Manager/Supervisor salary,Depriciation on machinery etc.
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