- Per tonne:
- Labour β¦28.1 (Sf 2.34)
- Materials β¦292
- Capital β¦34.8
- Energy β¦4
- Surplus β¦12.2
Whole chain per tonne: 1.58 labour hours, 245 kWh.
Formula
A.C. = w0LhSf Labour β¦28.1 Shadow wage w0 β¦16 an hour Γ Lh 0.75 hours per tonne 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¦292 Wheat: 1.33 t Γ $125/t Γ r 1.5 Γ border 1.17 Γ Ξ» 1.00 = β¦292 + (D + Mo)Ξ±e Capital β¦34.8 Depreciation and maintenance β¦24 per tonne 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¦4 E 80 kWh per tonne Γ pe β¦0.05 per kWh = β¦359
A.V. = rP*world Accounted value β¦371 per tonne World price $225 per tonne plus freight and insurance 9.89% = P* $247 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¦371
Revenue = A.V. Γ Q Accounted revenue β¦469 m p.a. Domestic: 1.26 million t Γ β¦371 = β¦469 m = β¦469 m
Surplus = (A.V. β A.C.) Γ Q β levies Accounted surplus β¦15.4 m p.a. Revenue β¦469 m β cost β¦359 Γ 1.26 million t = β¦15.2 m Distributed 40% to reinvestment, 20% to the municipal aggregate and 40% swept to the Treasury. = β¦15.4 m
Inputs
Output
Made from per tonne
-
Flour1 tβ¦371
-
Wheat1.33 tβ¦292
-
Fertiliser66.5 kgβ¦18
-
-
Used in p.a.
-
Flour1.26 million tβ¦469 m100%
- Final domestic use 213,600 t β¦79.2 m 16.9%