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Binoculars

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Factbook F-243161
Binoculars Tier 3 Instruments
Production84,300 units p.a.
Exports0 units
Value per unit✦195
Revenue✦16.4 m
Value added✦12.4 m
Surplus✦3.88 m
  • Per unit:
  • Labour ✦74.9 (Sf 2.34)
  • Materials ✦46
  • Capital ✦26.1
  • Energy ✦2
  • Surplus ✦46

Whole chain per unit: 2.3 labour hours, 50.1 kWh.

Formula

A.C. = w0LhSf Labour ✦74.9 Shadow wage w0 ✦16 an hour Γ— Lh 2 hours per unit Γ— skill factor Sf 2.34 Sf for industry: training ✦45,000 against ✦45,000, queue 20 hours against 48 + Ξ£ qiPirΞ»i Materials ✦46 Aluminium: 400 g Γ— $900/t Γ— r 1.5 Γ— border 0.97 Γ— Ξ» 1.00 = ✦0.523 Optical Lenses: 300 g Γ— $100,000/t Γ— r 1.5 Γ— border 1.01 Γ— Ξ» 1.00 = ✦45.4 + (D + Mo)Ξ±e Capital ✦26.1 Depreciation and maintenance ✦18 per unit Γ— financing 1.45 Γ— waste factor Ξ±e 1.00 Financing is interest at 6% on equipment's average value over a 15-year life. Ξ±e is 1.00 when maintenance hours and defects are on target. + Epe Energy ✦2 E 40 kWh per unit Γ— pe ✦0.05 per kWh = ✦149

A.V. = rP*world Accounted value ✦195 per unit World price $125 per unit plus freight and insurance 4% = P* $130 Γ— r 1.5 crowns per US dollar Import parity: the price at the Commonwealth border for a good it could otherwise import. Observed abroad, not calculated: a wasteful producer raises only its own cost. = ✦195

Revenue = A.V. Γ— Q Accounted revenue ✦16.4 m p.a. Domestic: 84,300 units Γ— ✦195 = ✦16.4 m = ✦16.4 m

Surplus = (A.V. βˆ’ A.C.) Γ— Q βˆ’ levies Accounted surplus ✦3.88 m p.a. Revenue ✦16.4 m βˆ’ cost ✦149 Γ— 84,300 units = ✦3.88 m Distributed 40% to reinvestment, 20% to the municipal aggregate and 40% swept to the Treasury. = ✦3.88 m

Made here
Supplies or uses it
Inputs arriving
Output leaving

Made in

Barbados 50% Oslola 50%

Inputs

Optical Lenses ✦3.83 m Aluminium ✦44,072

Output

Final domestic use ✦16.4 m

Made from per unit

Used in p.a.

  • Final domestic use 84,300 units ✦16.4 m 100%