43) You operate an 120 cow dairy farm, with an average production of 32kg, 3.8% fat, 3.5% protein, 5.75% OS. Current prices are $10.50/kg for fat, $8.20/kg for protein, $1.60/kg for OS. Currently quota trades for $24,000 a) For an average cow calculate the total gross income per day (4 marks $ 13.50 x (3.8% . 32)- 12.768 $ 1.20 x (3. 5 %- 21 ) = 9.184 1.60 x 4: (5.75 %-3 ) 2. 944 24. 896 b) How much quota will you have to own to ship milk this farm (2 marks) 24.846 74,000 x 7 $597504