Find net value added at factor cost: | ||
(Rs. Lakh) | ||
(i) | Durable use producer goods with a life span of 10 years | 10 |
(ii) | Single use producer goods | 5 |
(iii) | Sales | 20 |
(iv) | Unsold output produced during the year | 2 |
(v) | Taxes on production | 1 |
Answer:
Value of output = sales + change in stock \[=20+2=22\]\[lakh\]. Gross value added at market price = value of output - intermediate consumption (single use producer goods) \[=225=17\text{ }lakh\]. Depreciation = (Cost of producers good - no. of life in years) \[=(10\div 10)=1\] Net Indirect taxes = Taxes on production - subsidy \[=10=1\] Net value added at FC = GVA mp - Depreciation - Net indirect taxes \[=1711\] = 15 lakhs.
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