1. Prepare a columnar statement to determine the Working Capital Requirement from the following information:

2. From the following information, ascertain the Working Capital Requirement:

3. With the following information, prepare a statement showing the Working Capital required to finance a level of activity of 10,400 units per annum:

a. Selling Price per unit is Rs. 5.

b. Expected Ratio of cost to Selling Price:

Raw Materials 40%

Direct Wages 10%

Overhead 30%Profi t 20%

c. Raw materials are expected to remain in the store for an average period of 2 months before being issued for production, and materials are in process on an average period of 6 weeks.

d. Finished goods will stay in the store approximately for 6 weeks before getting dispatched to customers.

e. Credit allowed to debtors is for a period of 2 months.

f. Credit allowed by creditors is for a period of 2 months.

g. Lag in payment of wages and overheads are for a period of 2 weeks each.

h. Cash in hand and at bank is expected to be Rs. 10,000.