4 Total cost Profit From the following particulars workout the amount of working capital Required: Elements of cost Raw materials Direct labour Overheads Amount per unit 82664 16 Selling price 20 (1) Raw materials are in stock, on an average 1 month. (2) Materials are in process, on an average half a month. (3) (4) (5) Finished goods are in stock on an average 6 weeks Credit allowed by creditors is one month, Credit allowed to debtors is 2 months. Lag in payment of wages is 1.5 weeks. 5