Question

A proforma cost sheet of a company are as follows :Additional Information :Average raw materials in stock is one month; average material in process- half month; credit allowed by supplier-one month; credit allowed to debtors-two months; Time lag in payment of wages-one and half weeks overheads-one month; ¼th of the sales are on cash basis-expected month; cash balance Rs. 1,20,000. Prepare a statement showing working capital requirements to finance a level of activity of 70,000 units of output.

Answer 1

add all the cost of raw material etc

Answer 2

ANSWER

THE WRITE ANSWER IS

$244$

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