Read more: T-300
- Per unit:
- Labour β¦112,400 (Sf 2.34)
- Materials β¦22,960
- Capital β¦348,000
- Energy β¦7,500
- Surplus β¦1.85 m
Whole chain per unit: 3,014 labour hours, 167,000 kWh.
Formula
A.C. = w0LhSf Labour β¦112,400 Shadow wage w0 β¦16 an hour Γ Lh 3,000 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¦22,960 Copper: 2 t Γ $4,500/t Γ r 1.5 Γ border 1.01 Γ Ξ» 1.00 = β¦13,696 Steel: 20 t Γ $332/t Γ r 1.5 Γ border 0.93 Γ Ξ» 1.00 = β¦9,260 + (D + Mo)Ξ±e Capital β¦348,000 Depreciation and maintenance β¦240,000 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¦7,500 E 150,000 kWh per unit Γ pe β¦0.05 per kWh = β¦490,800
A.V. = rP*world Accounted value β¦2.34 m per unit World price $1,500,000 per unit plus freight and insurance 4% = P* $1,560,000 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¦2.34 m
Revenue = A.V. Γ Q Accounted revenue β¦658 m p.a. Domestic: 281 units Γ β¦2.34 m = β¦658 m = β¦658 m
Surplus = (A.V. β A.C.) Γ Q β levies Accounted surplus β¦520 m p.a. Revenue β¦658 m β cost β¦490,800 Γ 281 units = β¦520 m Distributed 40% to reinvestment, 20% to the municipal aggregate and 40% swept to the Treasury. = β¦520 m