Question three

ALAF is the company which was established in October $1960$ with an initial objective of developing the 'Aluminium and Steel Industrial Complex' in Tanzania. Since then, ALAF $($formerly called Aluminium Africa Limited$)$ has established itself as a leading producer of steel roofing and related products in the country. Management of ALAF Ltd wants to estimate the working capital requirement, below you have given cost statement which provides the followins estimated cost data for year ending ${31}^{st}$ December $2023$;

$\backslash$table$[[$Details$,$Cost per unit $($TZS$)],[$Raw materials,$50,000],[$Direct Labor,$20,000],[$Overheads $($including depreciation of TZS$10,000),40,000],[$Total cost TZS$,110,000],[$Profits$,20,{000}_{?}$