Question

5. Calculate gross value added at factor cost.

Particulars Rs. in Lacs

Units of output sold 1000

Price per unit of

output

30

Depreciation 1000

Intermediate Cost 12000

Closing stock 3000

Opening Stock 2000

Excise duty 2500

Sales tax 3500​

Answer 1

Answer:

$1000 + 12000 + 3000 + 2000 + 2500 + 3000$

and subtract it from the given inputs