- Per unit:
- Labour β¦112 (Sf 2.34)
- Materials β¦3.7
- Capital β¦34.8
- Energy β¦5
- Surplus β¦78.1
Whole chain per unit: 3 labour hours, 104 kWh.
Formula
A.C. = w0LhSf Labour β¦112 Shadow wage w0 β¦16 an hour Γ Lh 3 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¦3.7 Steel: 8 kg Γ $332/t Γ r 1.5 Γ border 0.93 Γ Ξ» 1.00 = β¦3.7 + (D + Mo)Ξ±e Capital β¦34.8 Depreciation and maintenance β¦24 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¦5 E 100 kWh per unit Γ pe β¦0.05 per kWh = β¦156
A.V. = rP*world Accounted value β¦234 per unit World price $150 per unit plus freight and insurance 4% = P* $156 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¦234
Revenue = A.V. Γ Q Accounted revenue β¦13.2 m p.a. Domestic: 56,200 units Γ β¦234 = β¦13.2 m = β¦13.2 m
Surplus = (A.V. β A.C.) Γ Q β levies Accounted surplus β¦4.39 m p.a. Revenue β¦13.2 m β cost β¦156 Γ 56,200 units = β¦4.39 m Distributed 40% to reinvestment, 20% to the municipal aggregate and 40% swept to the Treasury. = β¦4.39 m