Compute the cost of the inventory of GMSPL, with appropriate calculations as per the relevant IND AS?

Statement showing computation of inventory cost Particulars Amount (₹) Remarks Costs of purchase 6,00,000 Purchase price of raw material [purchase price (6,50,000) less refundable purchase taxes (50,000)] Loan-raising fee - Included in the measurement of the liability Costs of purchase 55,000 Purchase price of consumable stores Costs of conversion 65,000 Direct costs: labour Production overheads 15,000 Fixed costs: depreciation Production overheads 10,000 Product design costs and labour cost for specific customer Other costs 37,000 Refer working note Borrowing costs Recognized as an expense in profit or loss Total cost of inventories 7,82,000 Working Note: Costs of testing product designed for specific customer: 21,000 material (i.e. net of the - 3,000 recovered from the sale of the scrapped output) +11,000 labour +5,000 depreciation = 37,000.