A company is manufacturing 1,56,000 units of a product for which it requires a raw material 2 Rs per unit, Labour Rs 5 per unit, Overheads Rs 8 per unit which includes Rs 2 depreciation per unit. The company intends to maintain a stock of Raw Material for 1 month, stock of WIP for half a month, stock of Finished goods is 2 months. The company sells 20% on cash basis and balance is on credit for which one month has been allowed to customers. The company intends to maintain a cash balance of Rs 1,50,000. The creditors of the company have allowed 2 months credit period for the purchase of Raw materials. Compute the working capital
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sorry but I need some points
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