According to IAS 2 Inventories, which of the following costs should be included in valuing the inventories of a manufacturing company?

(1) Carriage outwards

(2) Depreciation of factory plant

(3) Carriage inwards

(4) General administrative overheads

a.
All four items.

b.
1,3 and 4 only.

c.
1 and 2 only.

d.
2 and 3 only.