Finance
4564 Points
Joined September 2020
I think I already wrote an answer to this 1. Raw material is valued at purchase cost
2. CWIP https://www.caclubindia.com/forum/details.asp?quote=2257138&mod_id=579968#reply
3. Finished goods include processing and warehousing costs. This will be better if you check your CA inter costing material.
When it comes to reporting you have to add all costs