Is the cost of manufacturing the current inventory accounted for in the period that the units were created, or

Question

or when the units are sold?

Answer 1

No cost of inventories is not taken into account since we will take them in the valuation of phyiscal stock.

Answer 2

In the period the units were finished, the cost will go to form finshed goods inventory, which will be transferred to cost of goods sold only when they are sold.