Warehousing cost -as 2
Querist : Anonymous
for working capital Occ Account is operated and interest is charged on it. can interest amt be part of valuation of inventory?
.
If the inventory stored is used for the further process of production, storage costs may be charged to inventory.
.
In valuation of inventory , interest and other borrowing costs are not considered.
Such costs are not treated in relation to bringing the inventory to its present location and as such these will not form
part of the cost of the inventory.
Querist : Anonymous
eg.purchase invoice
fright
transportation till it reach to warehouse
charges charged by clearing & forwarding agent
which other cost?
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