Which of the following costs may be included when arriving at the cost of finished goods inventory for inclusion
in the financial statements of a manufacturing company?
(1) Carriage inwards
(2) Carriage outwards
(3) Depreciation of factory plant
(4) Finished goods storage costs
(5) Factory supervisors’ wages
A (1) and (5) only
B (2), (4) and (5) only
C (1), (3) and (5) only
D (1), (2), (3) and (4) only

C