WIP STOCK VALUATION

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Arun Iyer

Arun Iyer (Querist)
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05 July 2010 DEAR SIR,

HOW TO VALUE WIP STOCK AND FG STOCK

AS PER AS-2 WITH ONE EXAMPLE

WITH THANKS

K A K

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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05 July 2010 Dear Arunkumar, this type of query already resolved earlier the same reproduced here

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

If you want examlples provide the mail id I will send some practical examples

Arun Iyer

Arun Iyer (Querist)
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05 July 2010 Dear Ramesh Krishnan Gi

thank you gi

my personal e.mail id : karun.cwa@gmail.com

pls. kindly give some of example

with thanks

k a k

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