According to IAS 2 Inventories, which of the following costs should be included in valuing the inventories of a manufacturing company? (1) Carriage inwards (2) Carriage outwards (3) Depreciation of factory plant (4) General administrative overheads
A All four items B 1, 2 and 4 only C 2 and 3 only D 1 and 3 only D |