Thanks for the advice guys.
I think the most important questions were answered - the value of finished goods should be calculated in terms of its cost to me in raw materials, not what I am charging for my posters retail.
And I shouldn't get too fine about my finished goods and raw materials estimates.
Essentially the value of your inventory is the value of the materials that end up in your finished product, both raw and finished. For a flatstock printer that is simply the value of the ink and substrate. Does that sound right?
At least that's what I'm choosing to believe!
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