Budgeted Sales $4000$ units per month

Rs$.$

RM cost per unit $9$

Direct labor per unit $7$

Overhead per unit $3$

Total cost per unit $19$

Profit per unit $1$

Selling price per unit $20$

Additional Information:

$($i$)$ Debtors are allowed $7$ weeks credit

$($ii$)$ Suppliers provide $4$ weeks credit

$($iii$)$ RM will be carried on stock for $4$ weeks and FG for $2$ weeks

$($iv$)$ Factory processing will take on average $4$ weeks

Assume $52$ weeks in a year, estimate working capital requirements