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Find Net Value Added at MP (i)Depreciation700(ii) Output sold ( units) 900(iii) Price per unit of output 40(iv) Closing Stock 1000(v) Opening Stock 800(vi) Sales Tax 3000(vii) Intermediate cost20,000 |
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Answer» GVOmp = sales + change in stock = (900 x 40) + (1000 – 800) = 36000 + 200 GVOmp =36200 NVAmp = GVOmp – Intermediate consumption – depreciation = 36200 – 20000 – 700 NVAmp = 15500 |
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