Question

calculating Net value added at factor Cost from the following data : sales 2,200 Used for self consumption by Owner 300 Purchase of row material 1,050 Electricity charge 80 Consumption of fixed Capital 130 Excise duty 60 income tax 30 closing stock 100
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Answer 1

Answer:

1880

Explanation:

GDP at MP =Sales + Change in stock - Self Consumption

                    = 2,200 +  100 - 300

                    = 2000

NVA  AT FC =  GDP AT MP -  Depreciation + NIT

                      = 2000 - 130 + 10

                      = 1880