https://www.taxtmi.com/news?id=4637 The standard requires Selling and Distribution Overheads to be measured as the aggregate cost of resources consumed in selling and distribution activities, valued at invoice or agreed price net of recoverable taxes and discounts, excluding imputed and abnormal costs. Allocation shall assign directly traceable overheads to cost objects, apply CAS 5 for transportation where relevant, and use either cause and effect or benefits received principles for apportionment. Credits, recoveries and subsidies must be deducted; post sales costs are to be reasonably estimated and long benefit overheads amortised. en-us Tue, 05 Feb 2013 14:52:58 +0530 Tue, 05 Feb 2013 15:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=4637 The standard requires Selling and Distribution Overheads to be measured as the aggregate cost of resources consumed in selling and distribution activities, valued at invoice or agreed price net of recoverable taxes and discounts, excluding imputed and abnormal costs. Allocation shall assign directly traceable overheads to cost objects, apply CAS 5 for transportation where relevant, and use either cause and effect or benefits received principles for apportionment. Credits, recoveries and subsidies must be deducted; post sales costs are to be reasonably estimated and long benefit overheads amortised. News - Tue, 05 Feb 2013 14:52:58 +0530 https://www.taxtmi.com/news?id=4637