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To: combjelly who wrote (69291)1/28/2002 4:47:31 PM
From: RobohogsRead Replies (1) | Respond to of 275872
 
That is true of all inventories. The equivalent of the COGS at the time of accounting is the value for inventory purposes. This number includes the direct cost of the material, overhead allocations (people, energy, etc.), labor input, etc.

Jon