Storage cost for raw material material

scruge

Hi
Can any one tell me wether I should include storage cost for raw material in inventory cost?


many thanks

orang3eph

C3Po is correct. Only costs included during the production are capped.

Storage costs incurred after the good has been finished/finalized are expensed (period costs).

leadcfa

Thank you every one.

nitoha

i think storage costs of finished goods no