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Furniture

Read more: Products in Vekllei
Furniture Tier 4 Luxury
Production370,900 t p.a.
Exports33,720 t
Value per tonne✦3,683
Revenue✦1.37 bn
Value added✦1.09 bn
Surplus✦434 m
  • Per tonne:
  • Labour ✦1,295 (Sf 2.70)
  • Materials ✦693
  • Capital ✦435
  • Energy ✦40
  • Surplus ✦1,219

Whole chain per tonne: 35.9 labour hours, 1,233 kWh.

Formula

A.C. = w0LhSf Labour ✦1,295 Shadow wage w0 ✦16 an hour Γ— Lh 30 hours per tonne Γ— skill factor Sf 2.70 Sf for trades: training ✦40,000 against ✦45,000, queue 36 hours against 48 + Ξ£ qiPirΞ»i Materials ✦693 Adhesives: 20 kg Γ— $1,500/t Γ— r 1.5 Γ— border 1.02 Γ— Ξ» 1.00 = ✦46.1 Fabric: 100 kg Γ— $3,500/t Γ— r 1.5 Γ— border 1.02 Γ— Ξ» 1.00 = ✦533 Timber: 1.4 t Γ— $75/t Γ— r 1.5 Γ— border 0.72 Γ— Ξ» 1.00 = ✦114 + (D + Mo)Ξ±e Capital ✦435 Depreciation and maintenance ✦300 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 ✦40 E 800 kWh per tonne Γ— pe ✦0.05 per kWh = ✦2,464

A.V. = rP*world Accounted value ✦3,683 per tonne World price $2,500 per tonne less freight and insurance 1.8% = P* $2,455 Γ— r 1.5 crowns per US dollar Export parity: the price at the Commonwealth border for a good it sells abroad. Observed abroad, not calculated: a wasteful producer raises only its own cost. = ✦3,683

Revenue = A.V. Γ— Q Accounted revenue ✦1.37 bn p.a. Domestic: 337,200 t Γ— ✦3,683 = ✦1.24 bn Exports: 33,720 t Γ— ✦3,683 = ✦124 m = ✦1.37 bn

Surplus = (A.V. βˆ’ A.C.) Γ— Q βˆ’ levies Accounted surplus ✦434 m p.a. Revenue ✦1.37 bn βˆ’ cost ✦2,464 Γ— 370,900 t = ✦452 m Export charges ✦18.6 m: 15% of export revenue (federal levy and permit fee) Distributed 40% to reinvestment, 20% to the municipal aggregate and 40% swept to the Treasury. = ✦434 m

Made here
Supplies or uses it
Inputs arriving
Output leaving

Made from per tonne

Used in p.a.

  • Final domestic use 337,200 t ✦1.24 bn 90.9%
  • Exports 33,720 t ✦124 m 9.09%