Which of the following are true in respect of the valuation of inventory? i. The carrying amount should be as close as possible to net realisable value ii. The valuation of finished goods inventory must include production overheads iii. Production overheads included in valuing inventory should be calculated by reference to the company's normal level of production during the period iv. In assessing, net realisable value, inventory items must be considered separately, or in a group of similar items, not by taking th inventory values as a whole A i and ii B i and iii ii, iii and iv D) iii and iv