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Knitwear

Knitwear Tier 3 Textiles
Production33,720 t p.a.
Exports0 mg
Value per tonne✦22,760
Revenue✦767 m
Value added✦591 m
Surplus✦236 m
  • Per tonne:
  • Labour ✦7,491 (Sf 2.34)
  • Materials ✦5,094
  • Capital ✦3,045
  • Energy ✦125
  • Surplus ✦7,010

Whole chain per tonne: 283 labour hours, 2,676 kWh.

Formula

A.C. = w0LhSf Labour ✦7,491 Shadow wage w0 ✦16 an hour Γ— Lh 200 hours per tonne Γ— skill factor Sf 2.34 Sf for industry: training ✦45,000 against ✦45,000, queue 20 hours against 48 + Ξ£ qiPirΞ»i Materials ✦5,094 Dyes & Pigments: 20 kg Γ— $2,000/t Γ— r 1.5 Γ— border 1.02 Γ— Ξ» 1.00 = ✦61.2 Wool: 1.1 t Γ— $3,000/t Γ— r 1.5 Γ— border 1.02 Γ— Ξ» 1.00 = ✦5,033 + (D + Mo)Ξ±e Capital ✦3,045 Depreciation and maintenance ✦2,100 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 ✦125 E 2,500 kWh per tonne Γ— pe ✦0.05 per kWh = ✦15,750

A.V. = rP*world Accounted value ✦22,760 per tonne World price $15,000 per tonne plus freight and insurance 1.13% = P* $15,165 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. = ✦22,760

Revenue = A.V. Γ— Q Accounted revenue ✦767 m p.a. Domestic: 33,720 t Γ— ✦22,760 = ✦767 m = ✦767 m

Surplus = (A.V. βˆ’ A.C.) Γ— Q βˆ’ levies Accounted surplus ✦236 m p.a. Revenue ✦767 m βˆ’ cost ✦15,750 Γ— 33,720 t = ✦236 m Distributed 40% to reinvestment, 20% to the municipal aggregate and 40% swept to the Treasury. = ✦236 m

Made here
Supplies or uses it
Inputs arriving
Output leaving

Output

Final domestic use ✦767 m

Made from per tonne

Used in p.a.

  • Final domestic use 33,720 t ✦767 m 100%