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1.Sales = Rs 500 lakh 2. Subsidies = Rs 30 Lakh 3. Purchase of machinery in the factory =Rs 400 4.Purchase of raw material =Rs 250 5. Change In Stock = Rs(-) 20 6.Consumption of Fixed Capital =Rs 40 *Calculate net Value Added at Factor cost.?
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1.Sales = Rs 500 lakh 2. Subsidies = Rs 30 Lakh 3. Purchase of machine...
Calculation of Net Value Added at Factor Cost
- Sales: Rs 500 lakh
- Subsidies: Rs 30 Lakh
- Purchase of machinery in the factory: Rs 400
- Purchase of raw material: Rs 250
- Change in Stock: Rs(-) 20
- Consumption of Fixed Capital: Rs 40
Explanation:
Net Value Added at Factor Cost is a measure of the value that a company has added to its products or services during the production process. It is calculated by subtracting the cost of intermediate inputs from the value of the company's output. Intermediate inputs are the materials, services, and other inputs that a company uses to produce its products or services.
Using the given information, we can calculate the Net Value Added at Factor Cost as follows:
- Value of Output: Rs 500 lakh
- Less: Intermediate Inputs (Purchase of machinery, Purchase of raw material, Change in Stock, Consumption of Fixed Capital): Rs 710 (Rs 400 + Rs 250 + Rs(-) 20 + Rs 40)
- Net Value Added at Factor Cost: Rs 499.29 lakh (Rs 500 lakh - Rs 710 lakh)
Therefore, the net value added at factor cost is Rs 499.29 lakh.
Community Answer
1.Sales = Rs 500 lakh 2. Subsidies = Rs 30 Lakh 3. Purchase of machine...
Value addition = sales +change in stock - raw material purchased
=Rs ( 500 -20-250)lakh
=Rs 230 lakh
GDPmp=Rs 230lakh
-consumption of fixed capital =-40
=NDPmp=190LAKH
+subsidy=+30 lakh
=NDPfc=Rs220lakh
so net value added at factor cost=Rs220 lakh
=Rs ( 500 -20-250)lakh
=Rs 230 lakh
GDPmp=Rs 230lakh
-consumption of fixed capital =-40
=NDPmp=190LAKH
+subsidy=+30 lakh
=NDPfc=Rs220lakh
so net value added at factor cost=Rs220 lakh
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1.Sales = Rs 500 lakh 2. Subsidies = Rs 30 Lakh 3. Purchase of machinery in the factory =Rs 400 4.Purchase of raw material =Rs 250 5. Change In Stock = Rs(-) 20 6.Consumption of Fixed Capital =Rs 40 *Calculate net Value Added at Factor cost.?
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1.Sales = Rs 500 lakh 2. Subsidies = Rs 30 Lakh 3. Purchase of machinery in the factory =Rs 400 4.Purchase of raw material =Rs 250 5. Change In Stock = Rs(-) 20 6.Consumption of Fixed Capital =Rs 40 *Calculate net Value Added at Factor cost.? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about 1.Sales = Rs 500 lakh 2. Subsidies = Rs 30 Lakh 3. Purchase of machinery in the factory =Rs 400 4.Purchase of raw material =Rs 250 5. Change In Stock = Rs(-) 20 6.Consumption of Fixed Capital =Rs 40 *Calculate net Value Added at Factor cost.? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 1.Sales = Rs 500 lakh 2. Subsidies = Rs 30 Lakh 3. Purchase of machinery in the factory =Rs 400 4.Purchase of raw material =Rs 250 5. Change In Stock = Rs(-) 20 6.Consumption of Fixed Capital =Rs 40 *Calculate net Value Added at Factor cost.?.
1.Sales = Rs 500 lakh 2. Subsidies = Rs 30 Lakh 3. Purchase of machinery in the factory =Rs 400 4.Purchase of raw material =Rs 250 5. Change In Stock = Rs(-) 20 6.Consumption of Fixed Capital =Rs 40 *Calculate net Value Added at Factor cost.? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about 1.Sales = Rs 500 lakh 2. Subsidies = Rs 30 Lakh 3. Purchase of machinery in the factory =Rs 400 4.Purchase of raw material =Rs 250 5. Change In Stock = Rs(-) 20 6.Consumption of Fixed Capital =Rs 40 *Calculate net Value Added at Factor cost.? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 1.Sales = Rs 500 lakh 2. Subsidies = Rs 30 Lakh 3. Purchase of machinery in the factory =Rs 400 4.Purchase of raw material =Rs 250 5. Change In Stock = Rs(-) 20 6.Consumption of Fixed Capital =Rs 40 *Calculate net Value Added at Factor cost.?.
Solutions for 1.Sales = Rs 500 lakh 2. Subsidies = Rs 30 Lakh 3. Purchase of machinery in the factory =Rs 400 4.Purchase of raw material =Rs 250 5. Change In Stock = Rs(-) 20 6.Consumption of Fixed Capital =Rs 40 *Calculate net Value Added at Factor cost.? in English & in Hindi are available as part of our courses for Commerce.
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1.Sales = Rs 500 lakh 2. Subsidies = Rs 30 Lakh 3. Purchase of machinery in the factory =Rs 400 4.Purchase of raw material =Rs 250 5. Change In Stock = Rs(-) 20 6.Consumption of Fixed Capital =Rs 40 *Calculate net Value Added at Factor cost.?, a detailed solution for 1.Sales = Rs 500 lakh 2. Subsidies = Rs 30 Lakh 3. Purchase of machinery in the factory =Rs 400 4.Purchase of raw material =Rs 250 5. Change In Stock = Rs(-) 20 6.Consumption of Fixed Capital =Rs 40 *Calculate net Value Added at Factor cost.? has been provided alongside types of 1.Sales = Rs 500 lakh 2. Subsidies = Rs 30 Lakh 3. Purchase of machinery in the factory =Rs 400 4.Purchase of raw material =Rs 250 5. Change In Stock = Rs(-) 20 6.Consumption of Fixed Capital =Rs 40 *Calculate net Value Added at Factor cost.? theory, EduRev gives you an
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