English to German Bus/Financial Accounting

Aus dem internen Revisionsbericht (audit report) eines Unternehmens der Papierbranche:

The stock valuation **has moved to cost** by making order calculated on the basis of standard bill of materials valued at the weighted average cost. Machine cost is calculated for the month and an hourly cost of production by machine calculated this is applied at the standard hourly production. A formal procedure to review the standards parameters should be implemented (see Point D)