Finance
Stock & WIP Valuation
Five inventory control accounts, each agreeing to the item codes and works orders behind it, at any moment you look. Every transaction below was written to the ledger as it happened.
1310
Raw Materials Control
$3.83M
149 item lines
1320
Work in Process Control
$115k
3 works orders
1330
Finished Goods Control
$2.70M
102 item lines
1340
Goods in Transit
$630k
7 item lines
1350
Quarantined Stock
$42k
2 item lines
Total inventory on the balance sheet
$7,319,913.33
1310 $3.83M · 1320 $115k · 1330 $2.70M · 1340 $630k · 1350 $42k. Every one of those figures is the sum of rows on this page: 239 item codes across six stock points plus 3 works orders, valued as the transactions were posted.
Basis
Weighted average, picked FIFO
Finished goods
At standard cost from the formulation
Overhead
42% of labour recovery
Posting
At the time of each transaction
Composition
1320 Work in Process Control · $114,562.33
Materials issued, labour and plant recovered, overhead applied at 42%, with the balance broken down by works order.
Materials
$100,323
Labour
$10,028
Overhead
$4,212
| Works order | Grade | Started | Planned | Materials | Labour | Overhead | In WIP | Status |
|---|---|---|---|---|---|---|---|---|
| WO-2026-0448 | SAK-CZP30 SAK-CZP 30 · Ca/Zn one pack, pressure pipe | 31 Jul 2026 | 12,000 | $49,160 | $7,284 | $3,059 | $59,503 | Awaiting QC |
| WO-2026-0449 | ACE-CAS10 ACE-CAS 10 · calcium stearate, PVC grade | 03 Aug 2026 | 10,000 | $21,876 | $2,744 | $1,152 | $25,772 | In process |
| WO-2026-0450 | SAK-CZC60 SAK-CZC 60 · Ca/Zn one pack, 70°C cable insulation | 03 Aug 2026 | 8,000 | $29,287 | $0 | $0 | $29,287 | Materials issued |
| 1320 Work in Process Control | $100,323 | $10,028 | $4,212 | $114,562.33 | ||||
1310 Raw Materials Control · $3,832,049.40
Everything in the Raw Material Store, at weighted average cost.
| Family | Codes | Kilograms | Value |
|---|---|---|---|
| Fatty acids | 23 | 199,770 | $667,138 |
| Metal bases & oxides | 25 | 166,050 | $602,466 |
| Co-stabilisers | 23 | 82,630 | $566,793 |
| Lubricants & waxes | 15 | 93,620 | $485,621 |
| Antioxidants & phosphites | 11 | 37,510 | $332,372 |
| Packaging | 8 | 71,280 | $325,188 |
| Fillers & pigments | 16 | 146,560 | $300,928 |
| Resins & modifiers | 5 | 21,670 | $180,142 |
| Tin intermediates | 11 | 23,200 | $176,308 |
| Plasticisers | 5 | 29,500 | $98,575 |
| Process chemicals | 7 | 31,270 | $96,520 |
| Total | 149 | 903,060 | $3,832,049.40 |
Largest holdings
RM-1010 Stearic acid, triple pressed, vegetable $213,280 RM-2020 Zinc oxide, French process, 99.7% $128,304 RM-3010 Hydrotalcite, synthetic, Mg-Al $111,824 PK-9010 FIBC bulk bag, 500 kg, PE liner, 4-loop $96,560 RM-1012 Stearic acid, double pressed, vegetable $93,790 PK-9020 Paper sack, 20 kg, 3-ply PE-lined, printed $89,280 RM-4010 Phenolic antioxidant 1010, bulk $80,512 RM-8010 MBS impact modifier resin, bulk $79,464 RM-6020 Titanium dioxide, rutile, R-902 $79,128 RM-5010 Polyethylene wax, 100 mPa·s $78,384 RM-4020 Organophosphite 168, bulk $76,152 RM-3050 Epoxidised soybean oil, ESBO $62,5321330 Finished Goods Control · $2,701,121.60
Main Store, the Sydney 3PL and customer consignment, at standard cost.
| Family | Codes | Kilograms | Value |
|---|---|---|---|
| One-pack PVC stabilisers | 46 | 210,950 | $1,158,981 |
| Metallic stearates | 15 | 158,550 | $608,495 |
| Impact modifiers & process aids | 5 | 33,100 | $302,580 |
| Lubricants & waxes | 5 | 48,050 | $209,116 |
| Antioxidants & phosphites | 4 | 13,800 | $151,402 |
| Organotin stabilisers | 4 | 6,890 | $84,886 |
| Speciality additives | 4 | 16,020 | $83,819 |
| Liquid mixed-metal stabilisers | 3 | 9,600 | $58,636 |
| UV light stabilisers | 3 | 2,510 | $43,207 |
| Total | 89 | 499,470 | $2,701,121.60 |
Largest holdings
ACE-CAS10 ACE-CAS 10 · calcium stearate, PVC grade $184,800 SAK-CZP30 SAK-CZP 30 · Ca/Zn one pack, pressure pipe $141,856 ACEMOD-MBS50 ACEMOD MBS 50 · MBS impact modifier, clear rigid $119,536 SAK-CZP35 SAK-CZP 35 · Ca/Zn one pack, pressure pipe, high output $100,130 ACE-CAS20 ACE-CAS 20 · calcium stearate, polyolefin acid scavenger $99,960 SAK-CZP40 SAK-CZP 40 · Ca/Zn one pack, sewer & drainage pipe $98,210 SAK-CZC60 SAK-CZC 60 · Ca/Zn one pack, 70°C cable insulation $95,583 ACE-ZNS10 ACE-ZNS 10 · zinc stearate, PVC & rubber grade $92,862 ACEWAX-PE100 ACEWAX PE 100 · polyethylene wax lubricant $80,640 SAK-CZF20 SAK-CZF 20 · Ca/Zn one pack, injection moulded fittings $78,232 ACEMOD-ACR40 ACEMOD ACR 40 · acrylic impact modifier, weatherable $62,064 SAK-CZC70 SAK-CZC 70 · Ca/Zn one pack, 90°C cable insulation $57,6301340 Goods in Transit · $629,840.00
Paid in full to clear customs and receipted here until it lands, then transferred to the Raw Material Store at full landed cost.
| Shipment | Supplier | ETA | Goods | Landed cost |
|---|---|---|---|---|
| SHP-26-0089 Payable on arrival | KLK OLEO (Malaysia) Sdn Bhd | 27 Aug 2026 | $208,067 | $25,900 |
| SHP-26-0090 Prepaid to release the B/L | Kisuma Chemicals B.V. | 19 Aug 2026 | $173,455 | $9,760 |
| SHP-26-0091 Payable on arrival | IMCD Australia Ltd | 06 Aug 2026 | $62,400 | $1,280 |
| SHP-26-0092 Prepaid to release the B/L | Zibo Xiangrun Chemical Co. Ltd | 04 Sep 2026 | $205,790 | $24,580 |
| SHP-26-0093 Payable on arrival | Songwon Industrial Co. Ltd | 11 Sep 2026 | $178,281 | $10,360 |
| SHP-26-0086 Prepaid to release the B/L | Kaneka Belgium N.V. | 28 Jul 2026 | $0 | $11,260 |
1350 Quarantined Stock · $42,340.00
Batches that failed release and receipts rejected on incoming inspection. On the balance sheet, but never pickable.
| Batch | Grade | Made | Kilograms | Value |
|---|---|---|---|---|
| B26-0441 | SAK-CZB65 | 30 Jul 2026 | 1,980 | $9,148 |
| B25-0734 | SAK-CZP40 | 03 Aug 2025 | 11,860 | $50,642 |
| B25-0738 | SAK-CZC60 | 01 Aug 2025 | 7,923 | $35,891 |
| B25-0760 | ACE-CAS30-FG | 25 Sep 2025 | 3,899 | $14,036 |
| B25-0854 | ACEFEED-CA20 | 20 Nov 2025 | 4,934 | $16,825 |
| B25-0884 | SAK-ORP22 | 25 Nov 2025 | 3,942 | $25,978 |
| B25-0892 | ACE-MGS20-PH | 20 Nov 2025 | 1,938 | $9,438 |
| B25-0923 | ACE-CAS30-FG | 09 Dec 2025 | 3,919 | $14,108 |
| B26-0061 | SAK-CZP35 | 23 Jan 2026 | 9,864 | $51,983 |
| B26-0284 | SAK-CZP40 | 16 May 2026 | 11,871 | $50,689 |
| B26-0303 | ACE-CAS40-C | 23 Jun 2026 | 5,897 | $19,873 |
| B26-0311 | SAK-CZM15 | 02 Jun 2026 | 2,943 | $13,332 |
| B26-0386 | ACE-CAS40-C | 16 Jul 2026 | 5,901 | $19,886 |
| B26-0387 | ACE-MGS20-PH | 13 Jul 2026 | 1,943 | $9,462 |
Ledger postings
Written at the instant of the transaction: issuing material, releasing a batch, receipting a purchase order, despatching an order.
Nothing posted yet this session. Release the batch on the QC bench, receipt a purchase order or despatch an order and the journal appears here the moment you do it, with the control accounts above moving with it.