Wages Paid:
Payment for all hours worked.
£240.00
£600.00
£2580.00
£30960.00
Total Value Produced:
Daily hours × value per hour.
£480.00
£1200.00
£5160.00
£61920.00
Necessary Labour Time:
Time needed to produce value = wage.
4.00 hrs
20.00 hrs
86.00 hrs
1032.00 hrs
Surplus Labour Time:
Unpaid labour time creating surplus value.
4.00 hrs
20.00 hrs
86.00 hrs
1032.00 hrs
Surplus Value:
Total value − wages paid.
£240.00
£600.00
£2580.00
£30960.00
Rate of Exploitation:
Surplus ÷ necessary × 100%
100.00%
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