Please tell me is depreciation included in intermediate cost?

Amandeep, I think this question could be better answered, if you could provide us with the context. I mean if you could provide us with the concerned question, then we will be in better position to answer you. Anyway, in the present scenario, the answer to your question is no, depreciation is not included in intermediate cost. However, I would like to answer you with accuracy, after referring to the related context and the question.

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