Following data relates to ABC Company :

Sales revenue for the year 1,50,000

Cost percentage of sales :

Direct materials	30%
Direct labor	25%
Variable overheads	10%
Fixed overheads	15%
Selling and admin	5%

Average statistics relating to working capital are as follows :

Receivables take $2\frac{1}{2}$ months to pay.

Raw materials are in inventory for 3 months.
Work in process represents 2 months half produced goods.
Finished goods represents one month production.

Credit is taken-

Material	2 months
Direct labor	1 week
Variable overhead	1 month
Selling and admin	$\frac{1}{2}$ month

Work in process and finished goods are valued at the cost of materials labor and variable expanses. Assume that the labor force is paid for 50 working weeks each year.

Required :
Calculate the working capital requirement for ABC Company. (Show Calculation)