Raw material 52 direct Labour 19.5 overheads 39 total cost 110.5 profit 19.5 selling price 130 additional raw material in stock on average of one month, working process is on an average of half month and finished goods are in stock for one month credit allowed by supplier is for one month,and credit allowed to customer is two month. Lag in payment of wage is one and half weeks lag in payment of overheads is one month. One fourth of the out put is sold against to cash. Cash in hand and at bank is expected to be 120000 you are required to prepare statement of showing working capital needed to finance a level of activity of 70000 units of production and calculate net working capital
Answers
Answered by
1
Answer:
The lessons we take from obstacles we encounter can be fundamental to later success. Recount a time when you faced a challenge,setback or failure. How did it affect you, and what did you learn from the experience?
Similar questions