XYZ Company provides the following particulars :

Particulars	Amount per unit (Taka)
Raw materials	80
Direct labour	30
Overhead	60
Total cost	170
Profit	30
Selling price	200

The following further particulars available :

Raw materials in stock, on average, one month; Materials in process (completion stage, 50%), on average, half a month, Finished goods in stock, on average, one month. Credit allowed by suppliers is one month, credit allowed to debtors in two months; Average time-lag in payment of wages is 1.5 weeks and one month in overhead expenses; One-fourth of the output is sold against cash; Cash in hand and at Bank is desired to be maintained at Taka 3,65,000. You are required to prepare a statement showing the working capital needed to finance a level of activity of 1,04,000 units of production. Assume that production is carried on evenly throughout the year, and wages and overheads are accrue similarly. Also assume 4 weeks equivalent to a month, 52 weeks a year.