08-05-2006, 11:59 PM
Zikria cost of sales includes cost of inventories and direct expenses and some of these expenses may be included in cost of inventory.
For example freight inward is to be included in cost of inventory, whereas, depreciation of machinery is not. However, both of these expenses are part of direct expenses.
For example freight inward is to be included in cost of inventory, whereas, depreciation of machinery is not. However, both of these expenses are part of direct expenses.