Frontier Biscuits is a premium bakery engaged in making high qual… - Vidyadip

Question

Frontier Biscuits is a premium bakery engaged in making high quality biscuits. Its 'Pista and Cashew biscuits are customers favourite. It costs ₹ 300 to make 1kg of the above biscuits and are sold @ ₹ 450 per kg. What is the value added from financial point of view?

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Answer

Value added from financial point of view is basically the difference between the value of output and the value of input. So, for the above case, value added for 'Pista and Cashew biscuits will be ₹ 150 (450-300).

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