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Stock valuation

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(Querist)
17 January 2010 Fixed expenses should consider for valuation of Finished stock or it should take only variable cost for stock valuation. If yes tell me some fixed expeses should take on valuation of stock
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
17 January 2010 As per AS-2 - Fixed expenses also we need to consider for stock valuation
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Sanjeev Kumar Varshney

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Sanjeev Kumar Varshney (Expert)
18 January 2010 Example of some fixed expenses:-
Factory Rent, Production Manager/Supervisor salary,Depriciation on machinery etc.
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