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Molasses

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Factbook F-243161
Molasses Raw material Processed Food
Production421,500 t p.a.
Exports0 mg
Value per tonne✦166
Revenue✦70.1 m
Value added✦69.9 m
Surplus✦62.3 m
  • Per tonne:
  • Labour ✦9.36 (Sf 2.34)
  • Materials ✦0
  • Capital ✦8.7
  • Energy ✦0.5
  • Surplus ✦148

Whole chain per tonne: 0.25 labour hours, 10 kWh.

Formula

A.C. = w0LhSf Labour ✦9.36 Shadow wage w0 ✦16 an hour Γ— Lh 0.25 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 ✦0 A raw material, with no recipe inputs. + (D + Mo)Ξ±e Capital ✦8.7 Depreciation and maintenance ✦6 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 ✦0.5 E 10 kWh per tonne Γ— pe ✦0.05 per kWh = ✦18.6

A.V. = rP*world Accounted value ✦166 per tonne World price $90 per tonne plus freight and insurance 23.2% = P* $111 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. = ✦166

Revenue = A.V. Γ— Q Accounted revenue ✦70.1 m p.a. Domestic: 421,500 t Γ— ✦166 = ✦70.1 m = ✦70.1 m

Surplus = (A.V. βˆ’ A.C.) Γ— Q βˆ’ levies Accounted surplus ✦62.3 m p.a. Revenue ✦70.1 m βˆ’ cost ✦18.6 Γ— 421,500 t = ✦62.3 m Distributed 40% to reinvestment, 20% to the municipal aggregate and 40% swept to the Treasury. = ✦62.3 m

Made here
Supplies or uses it
Inputs arriving
Output leaving

Made in

Madiana 50% Mayaguana 50%

Made by

  • Caribbea Cane
    • Atlantic Sugar Works
    • Barbados Cane Cooperative
    • Karu Cane Federation
    • Lucaya Refining & Separation Works
    • Praia Sugar Works

Output

Rum ✦56.1 m Biofuels ✦8.18 m Vinegar ✦4.21 m Final domestic use ✦1.64 m

Made from per tonne

A raw material: no recipe inputs.

Used in p.a.

  • Molasses421,500 t✦70.1 m100%
  • Final domestic use 9,835 t ✦1.64 m 2.33%