- Per unit:
- Labour β¦3.75 (Sf 2.34)
- Materials β¦0.0219
- Capital β¦1.74
- Energy β¦0.1
- Surplus β¦6.09
Whole chain per unit: 0.1 labour hours, 2.11 kWh.
Formula
A.C. = w0LhSf Labour β¦3.75 Shadow wage w0 β¦16 an hour Γ Lh 0.1 hours per unit 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¦0.0219 Glass: 50 g Γ $315/t Γ r 1.5 Γ border 0.93 Γ Ξ» 1.00 = β¦0.0219 + (D + Mo)Ξ±e Capital β¦1.74 Depreciation and maintenance β¦1.2 per unit 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¦0.1 E 2 kWh per unit Γ pe β¦0.05 per kWh = β¦5.61
A.V. = rP*world Accounted value β¦11.7 per unit World price $7.5 per unit plus freight and insurance 4% = P* $7.8 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¦11.7
Revenue = A.V. Γ Q Accounted revenue β¦2.63 m p.a. Domestic: 224,800 units Γ β¦11.7 = β¦2.63 m = β¦2.63 m
Surplus = (A.V. β A.C.) Γ Q β levies Accounted surplus β¦1.37 m p.a. Revenue β¦2.63 m β cost β¦5.61 Γ 224,800 units = β¦1.37 m Distributed 40% to reinvestment, 20% to the municipal aggregate and 40% swept to the Treasury. = β¦1.37 m
Made from per unit
-
Thermometers1 unitβ¦11.7
-
Glass50 gβ¦0.0219
-
Used in p.a.
- Final domestic use 224,800 units β¦2.63 m 100%