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Microlesson · 5-min read

Cost of Container — Refundable vs Non-Refundable

# Cost of Container

When material is supplied in containers (drums, cylinders, crates), the cost of the container may or may not form part of the material cost depending on whether the container is refundable.

## Two Categories

Refundable ContainersNon-Refundable Containers
On returning the container, the buyer gets a refund — either 100% or partial.Even if returned, the buyer gets no refund.
Only the net (unrefunded) portion is added to material cost.The full container cost is added to material cost.

## Golden Rule

> "How much money have you paid out of pocket?" — That is the amount to be added to material cost.

## Illustration

Assume container cost = ₹1,000.

Case I (Fully Refundable)Case II (Partially Refundable)Case III (Non-Refundable)
Amount paid1,0001,0001,000
Refund received(1,000)(600)0
Cost included in material04001,000

## Where it appears in valuation

This figure is added as part of 'Other Expenditure' in the Cost of Material format (alongside freight inwards and insurance).

Worked example

### Example 1

Example: A company purchases 10 drums of chemical. Each drum costs ₹2,500. The supplier offers a refund of ₹1,800 per drum if returned in good condition.

Amount paid per drum = ₹2,500

Less: Refund per drum = ₹1,800

Net cost per drum to include in material = ₹700

Total container cost added to material = 10 × ₹700 = ₹7,000

⚠️ Common exam mistakes

  • Adding the full container cost even when the container is refundable. Only the un-refunded portion is part of cost.
  • Excluding container cost completely just because it can be returned — partial refunds still leave an out-of-pocket cost to add.
  • Treating refundable container cost as a separate asset rather than netting it against material cost in basic costing problems.
Reference:
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