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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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Best 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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