Whether amount spent on Weather Coating ( Heat Control) at a production unit has to be capitalized or should be treated as an expense?
Kanchana V (Student) (8 Points)
29 October 2022Whether amount spent on Weather Coating ( Heat Control) at a production unit has to be capitalized or should be treated as an expense?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160453 Points)
Replied 29 October 2022
If coating is part of the production process, it will be direct expense.
Yasaswi Gomes new
(Finance )
(4486 Points)
Replied 29 October 2022
Thats wjat standard says. Direct costs are capitalized.
sabyasachi mukherjee
(26132 Points)
Replied 30 October 2022
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