Q.

Which of the following costs must be expensed under Ind AS 2?

A. selling and distribution overheads incurred in the ordinary course of business
B. variable production overheads that are allocated to each unit based on actual usage
C. import duties on raw materials that are paid to the authorities
D. costs of purchase that are paid to the suppliers of raw materials
Answer» A. selling and distribution overheads incurred in the ordinary course of business
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