Q2. Perfect Cables ltd has plans to sell 6,00,000 units of output in the coming year. The cost structure of the company's product for the desired level of production is given below: (15) Cost per Unit (Rs) Raw Materials Manufacturing expense Other overheads Total Cost Selling price Profit Examination of the past trend rovcals: a) Raw materials are held in stock for 1 month b) Work in process inventory is equal to half months production c) Finished goods remain in the warehouse for a month d) Three months credit is allowed to the debtors c) Manufacturing expenses are expected to occur evenly during the year. You are required to a) Calculate the investment in various current assets b) Estimate the gross working capital requirement if the desired cash balance is 5% of the gross working capital