INVENTORY VALUATION AND TECHNICAL

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Arun Iyer (Querist)
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28 June 2010 DEAR ALL,

METHOD OF VALUATION AND TECHNICAL AS PER
AS-2.

VALUATION IN WIP AND FG STATGE

WITH THANKS

K A K

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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29 June 2010
For finished goods, we need to take cost of production per unit ( which is the actual prodcution expenses for the particular product)

For WIP you need to calculate the percentage of process completed if the product completed 60% you need to take proportionate cost

Arun Iyer

Arun Iyer (Querist)
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30 June 2010 THANK YOU SIR

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