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A company sells annually 2600 units of Juclers at Rs. 2000 each. All sales are on credit basis. The details of cost p.u. are as
A company sells annually 2600 units of Juclers at Rs. 2000 each. All sales are on credit basis. The details of cost p.u. are as follows: (5 marks) Raw material Direct Wages Overhead expenses Cash in hand Raw material in stock WIP (Consider Material - 100%, Wages & O/H-5096) Finished goods Debtors Creditors for Raw Material Lag in payment of wages Rs. 800 Rs. 400 Rs.300 Rs. 60000 4 weeks 1 week 1 week 6 weeks 4 weeks 2 weeks Calculate Net Working Capital requirement of the company. Provide 10% for safety margin
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