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A firm is projecting sales of 5 0 , 0 0 0 units next year. Sale price will be Rs . 2 0 per unit.
A firm is projecting sales of units next year. Sale price will be Rs per unit. Raw Material cost, Labour cost and Overhead cost are estimated to be and respectively. Raw materials remain in stock on an average for weeks, workinprogress for week and finished goods for weeks. Debtors are allowed month credit while suppliers give weeks credit. of sales are on cash basis. margin is kept for contingencies. Prepare a statement showing funds to be arranged for working capital weeks per year
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