According to AS-2, which of the following costs should be included in valuing the inventories of a manufacturing company?
(A) Freight and insurance
(B) Carriage outwards
(C) Depreciation of factory plant
(D) General administrative overheads
Choose the most appropriate answer from the options given below:
1
A and D only
2
A, B and D only
3
B and C only
4
A and C only