CERTYNEX IFRS ACADEMY

Sorbier manufactures cosmetics. Which of the following costs must be recognised as expenses in the period rather than included in the cost of its inventories?

The wages of the production line operators.

The advertising campaign launching the products.

Storage of finished goods in the distribution warehouse awaiting sale.

Transport of raw materials to the factory.

An abnormal quantity of materials wasted during a breakdown of the line.

The costs of the head office accounting department.