Operational cost for the first 3 months (salaries of employees, payments of bills et al) – N300,000; The cost for machines, equipment and start-up inventory (Stone crusher, excavators, separator machines and other stone quarry machines, equipment and tools) – N320,000
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So, how much did it cost to make this ice? Since it is 1.26 cents per kilogram, this would be $378,000 in electricity bills. Ok, maybe I over estimated some things.
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