An Analytical Study for Cost of Production In Meat Industry in K.S.A
Meat industry is an important industry in K.S.A. The total investment in this industry is about S.R. million 888.19. There are 27 factories working in this industry. The per capita capital labor is about S.R. 427010/labor. The total output is about 63192 Ton of meats. The total costs of production in 10 factories produce homogeneity product of meats is about S.R. million 486.784. The raw materials represent 65.04% of the total cost. The direct expenses (wages, rent and depreciation) represent 21.91%. The administrative and general expenses represent 13.05%. The minimum size of economic production in meat industry is 465.169 Ton. The cost elasticity equals more then one at size greater than the minimum economic size i.c., the meat industry produces in the second state (economic stage) of production.
