Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

fol.x DPT-PU-6 Financial Management You may assume that production is carried on evenly throughout the year and wages and overheads accrue similarly. Ans. [Rs. 11,42,292

image text in transcribed

image text in transcribed

image text in transcribed

fol.x DPT-PU-6 Financial Management You may assume that production is carried on evenly throughout the year and wages and overheads accrue similarly. Ans. [Rs. 11,42,292 ] (Marks 15) Hint. [ (1) It is assumed that a time period of 52 weeks is equivalent to a year. (2) It is also assumed that labour and overheads are also in process on an average half a month ] fol.x DPT-PU-6 Financial Management You may assume that production is carried on evenly throughout the year and wages and overheads accrue similarly. Ans. [Rs. 11,42,292 ] (Marks 15) Hint. [ (1) It is assumed that a time period of 52 weeks is equivalent to a year. (2) It is also assumed that labour and overheads are also in process on an average half a month ] Ans. [ 2012 APR.[14] A cost sheet of a company provides following data: Cost (per unit): Rs. 52.0 Raw materials Direct Labour 19.5 Overheads 39.0 Total Cost (per unit) 110.5 Profit 19.5 Selling price 130.0 The following additional information is available: Average raw material in stock: One month; 12 Half a month. 5/12 One month; Two months Average material in process : Credit allowed by suppliers: Credit allowed to debtors : Time lag in payment of wages : Time lag in payment of overheads : One fourth of sales are on cash basis. Cash balance is expected to be Rs. 1,20,000. One and a half weeks, S One month You are required to prepare a statement showing the working capital needed to finance a level of activity of 70,000 units of output. 81

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Finance questions

Question

What are the purposes of collection messages? (Objective 5)

Answered: 1 week ago