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Socks

Socks Tier 4 Textiles
Production11,240 t p.a.
Exports0 mg
Value per tonne✦11,390
Revenue✦128 m
Value added✦61 m
Surplus✦16.2 m
  • Per tonne:
  • Labour ✦2,247 (Sf 2.34)
  • Materials ✦5,866
  • Capital ✦1,740
  • Energy ✦100
  • Surplus ✦1,437

Whole chain per tonne: 112 labour hours, 5,800 kWh.

Formula

A.C. = w0LhSf Labour ✦2,247 Shadow wage w0 ✦16 an hour Γ— Lh 60 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 ✦5,866 Fabric: 1.1 t Γ— $3,500/t Γ— r 1.5 Γ— border 1.02 Γ— Ξ» 1.00 = ✦5,866 + (D + Mo)Ξ±e Capital ✦1,740 Depreciation and maintenance ✦1,200 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 ✦100 E 2,000 kWh per tonne Γ— pe ✦0.05 per kWh = ✦9,953

A.V. = rP*world Accounted value ✦11,390 per tonne World price $7,500 per tonne plus freight and insurance 1.27% = P* $7,597 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. = ✦11,390

Revenue = A.V. Γ— Q Accounted revenue ✦128 m p.a. Domestic: 11,240 t Γ— ✦11,390 = ✦128 m = ✦128 m

Surplus = (A.V. βˆ’ A.C.) Γ— Q βˆ’ levies Accounted surplus ✦16.2 m p.a. Revenue ✦128 m βˆ’ cost ✦9,953 Γ— 11,240 t = ✦16.2 m Distributed 40% to reinvestment, 20% to the municipal aggregate and 40% swept to the Treasury. = ✦16.2 m

Made here
Supplies or uses it
Inputs arriving
Output leaving

Made by

Output

Final domestic use ✦128 m

Made from per tonne

Used in p.a.

  • Final domestic use 11,240 t ✦128 m 100%