Find out Net Value Added at Factor Cost: | ||
(i) | Price per unit of output (Rs.) | 25 |
(ii) | Output sold (units) | 1,000 |
(iii) | Excise duty (Rs.) | 5,000 |
(iv) | Depreciation (Rs.) | 1,000 |
(v) | Change in stocks (Rs.) | (-) 500 |
(vi) | Intermediate costs (Rs.) | 7,000 |
Answer:
NVA at Factor Cost = [Price per unit of output \[\times \] Output sold (units)] + Change in stocks - Intermediate costs - Depreciation - Excise duty = [(i) + (ii) + (v) - (vi) - (iv) - (iii) \[=(25\times ~1,000)+(-500)-7,000-1,000-5,000\] \[=25,000-13,500=Rs.\text{ }11,500\]
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