Calculate the value of Gross value added at factor cost using:- Import duty = 2000 Price per unit = 18 Excise = 2000 Change in stock = 1200 Intermediate cost = 16000 Subsidy = 600 Output sold = 10,000

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter8: Cost Analysis
Section: Chapter Questions
Problem 2E
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Calculate the value of Gross value added at factor cost using:-

Import duty = 2000

Price per unit = 18

Excise = 2000

Change in stock = 1200

Intermediate cost = 16000

Subsidy = 600

Output sold = 10,000

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