AS-2

3 c

Gaurav Jain

CMA Inter

★ 5

03-Feb-24 23:53

4 (d) admin OH not related to production doesn’t form part of inventory cost

Sugam SM

CA Final

★ 9K+

04-Feb-24 01:44

3. D Storage costs which are necessary to be in part of production will be included in the computation of valuation. 4. D.

Manoj Raj

CA Final

★ 12K+

04-Feb-24 13:24

The same I thought but the answer given is

Thread Starter

Lavi Lavanya

CA Inter

★ 6K+

04-Feb-24 13:33

Yeah b is correct bcz admin oh need not be always included is correct but stating that admin oh can never be included is wrong bcz it can if it forms part of cost of production. Very tricky🥲

Sugam SM

CA Final

★ 9K+

06-Feb-24 09:29

Oh ok thank you then 3rd one

Thread Starter

Lavi Lavanya

CA Inter

★ 6K+

06-Feb-24 13:37

Yeah

Sugam SM

CA Final

★ 9K+

07-Feb-24 09:19

Admin overheads are never included in cost of inventory.

CA Suraj Lakhotia

Admin

07-Feb-24 11:25