Question

Calculate the operating surplus. (i) Value of output= Rs 70,000 crs (ii) Purchase of raw materials=Rs 18,000 (iii) NIT=Rs3,000 crs (iv) Wages and salaries=25,000crs​

Answer 1

Answer:

₹24,000.

Explanation:

The gap between revenue and expenditure is measured by an enterprise's operating surplus.

We know that operating surplus= value of output - purchase of raw materials - NIT- wages and salaries

So on putting the values in the formula we get

Operating surplus= 70000-18000-3000-25000

∴Operating surplus= ₹24,000.

Hence, the required answer is 24000.

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