- Per tonne:
- Labour β¦74.9 (Sf 2.34)
- Materials β¦278
- Capital β¦78.3
- Energy β¦25
- Surplus β¦104
Whole chain per tonne: 3.75 labour hours, 659 kWh.
Formula
A.C. = w0LhSf Labour β¦74.9 Shadow wage w0 β¦16 an hour Γ Lh 2 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¦278 Adhesives: 50 kg Γ $1,500/t Γ r 1.5 Γ border 1.02 Γ Ξ» 1.00 = β¦115 Timber: 2 t Γ $75/t Γ r 1.5 Γ border 0.72 Γ Ξ» 1.00 = β¦163 + (D + Mo)Ξ±e Capital β¦78.3 Depreciation and maintenance β¦54 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¦25 E 500 kWh per tonne Γ pe β¦0.05 per kWh = β¦456
A.V. = rP*world Accounted value β¦560 per tonne World price $350 per tonne plus freight and insurance 6.71% = P* $373 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¦560
Revenue = A.V. Γ Q Accounted revenue β¦189 m p.a. Domestic: 337,200 t Γ β¦560 = β¦189 m = β¦189 m
Surplus = (A.V. β A.C.) Γ Q β levies Accounted surplus β¦35.1 m p.a. Revenue β¦189 m β cost β¦456 Γ 337,200 t = β¦35.1 m Distributed 40% to reinvestment, 20% to the municipal aggregate and 40% swept to the Treasury. = β¦35.1 m
Output