LStrong Cement Company Ltd. has an installed capacity of producing 1.25 lakh tonnes of cement per annum; its present capacity utilization is 80 per cent. The major raw material to manufacture cement is limestone which is obtained from the company's own mechanized mine located near the plant. The company produces cement in 200 Kgs bags. From the information given below, determine the net working capital (NWC) requirement of the company for the current year. Cost structure per bag of cement (estimated) Gypsum Rs. 25 Limestone 15 Coal 30 Packing material 10 Direct labour 50 Factory overheads (including depreciation of Rs 10) 30 Administrative overheads 20 Selling overheads g Total cost 205 Profit margin Selling price 250 Add: Sale tax (10 per cent of selling price) & Invoice price to consumers 275 Additional information: (i) Desired holding period of raw materials: Gypsum, 3 months; Limestone. 1 month; Coal, 205 months; and packing material, 1.5 months. (ii) The product is in process for a period of 0.5 month (assume full units of materials, namely gypsum, limestone and coal are required in the beginning; other conversion costs are to be taken at 50 per cent). (iii) Finished goods are in stock for a period of 1 month before they are sold. (iv) Debtors are extended credit for a period of 3 months. (v) Average time lag in payment of wages is approximately 0.5 month and of overheads, 1 month. (vi) Average time lag in payment of sales tax is 1.5 month. (vii) The credit period extended by various suppliers are: Gypsum, 2 months; Coal, 1 month; Packing materials, 0.5 month. (viii) Minimum desired cash balance is Rs 25 lakh. You may state your assumptions, if any