8. From the following particulars compute the Net Operating Cycle Period of X Ltd.

(Assuming 360 days in a year.)

Particulars 1 April 2015 31 March 2015 Stock of Raw Materials 33,000 51,000 Stock of WIP 35,000 43,000 Stock of Finished Goods 36,000 18,000 Sundry Debtors 50,000 40,000 Sundry Creditors 32,000 48,000 Additional information for the year ended 31 December 2015:
i) Sales: `5,40,000 ii) Purchases of raw materials: `4,50,000 iii) Manufacturing expenses: `44,000 iv) Distribution expenses: `14,000