Inventory Valuation - Please help!
Options
xHolmesyx
Registered Posts: 16
Hi all,
Can someone please explain to me the difference between 'Cost of conversion, including direct labour' and 'Cost of work to complete the items'.
I am struggling to separate the two when valuing different inventories as they seem very similar?
Many thanks in advance.
Can someone please explain to me the difference between 'Cost of conversion, including direct labour' and 'Cost of work to complete the items'.
I am struggling to separate the two when valuing different inventories as they seem very similar?
Many thanks in advance.
0
Categories
- All Categories
- 1.2K Books to buy and sell
- 2.3K General discussion
- 18.9K For AAT students
- 268 NEW! Qualifications 2022
- 147 General Qualifications 2022 discussion
- 9 AAT Level 2 Certificate in Accounting
- 44 AAT Level 3 Diploma in Accounting
- 65 AAT Level 4 Diploma in Professional Accounting
- 8.9K For accounting professionals
- 23 coronavirus (Covid-19)
- 274 VAT
- 92 Software
- 274 Tax
- 138 Bookkeeping
- 7.3K General accounting discussion
- 194 AAT member discussion
- 3.8K For everyone
- 38 AAT news and announcements
- 352 Feedback for AAT
- 2.8K Chat and off-topic discussion
- 590 Job postings
- 17 Who can benefit from AAT?
- 36 Where can AAT take me?
- 44 Getting started with AAT
- 26 Finding an AAT training provider
- 48 Distance learning and other ways to study AAT
- 25 Apprenticeships
- 65 AAT membership