- Per unit:
- Labour β¦8,427 (Sf 2.34)
- Materials β¦8,178
- Capital β¦13,050
- Energy β¦1,000
- Surplus β¦62,940
Whole chain per unit: 259 labour hours, 28,340 kWh.
Formula
A.C. = w0LhSf Labour β¦8,427 Shadow wage w0 β¦16 an hour Γ Lh 225 hours per unit Γ skill factor Sf 2.34 Sf for industry: training β¦45,000 against β¦45,000, queue 20 hours against 48 + Ξ£ qiPirΞ»i Materials β¦8,178 Rubber: 1 t Γ $850/t Γ r 1.5 Γ border 0.97 Γ Ξ» 1.00 = β¦1,232 Steel: 15 t Γ $332/t Γ r 1.5 Γ border 0.93 Γ Ξ» 1.00 = β¦6,945 + (D + Mo)Ξ±e Capital β¦13,050 Depreciation and maintenance β¦9,000 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 β¦1,000 E 20,000 kWh per unit Γ pe β¦0.05 per kWh = β¦30,660
A.V. = rP*world Accounted value β¦93,600 per unit World price $60,000 per unit plus freight and insurance 4% = P* $62,400 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. = β¦93,600
Revenue = A.V. Γ Q Accounted revenue β¦2.63 bn p.a. Domestic: 28,100 units Γ β¦93,600 = β¦2.63 bn = β¦2.63 bn
Surplus = (A.V. β A.C.) Γ Q β levies Accounted surplus β¦1.77 bn p.a. Revenue β¦2.63 bn β cost β¦30,660 Γ 28,100 units = β¦1.77 bn Distributed 40% to reinvestment, 20% to the municipal aggregate and 40% swept to the Treasury. = β¦1.77 bn