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

nitoha

i think storage costs of finished goods no

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.