question_answer

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)

\[=(25\times ~1,000)+(-500)-7,000-1,000-5,000\]

\[=25,000-13,500=Rs.\text{ }11,500\]