Assumptions: Determine the cost and return analysis for a 1-ha rice production given that the prevailing selling price for harvested rice grains is around PhP. 10.00-19.00. Average harvest/yield for rice in major rice producing areas for Wet Season (WS) cropping is around 50-100 cavans/sacks (average weight = approx. 45-50 kilograms) Item Amount (PhP) A. Yield B. Gross Income C. Expenses a. Labor expenses b. Land preparation c. Chemical inputs Insecticides (Inset pests) Herbecides (Weed pests) Fungicides (Fungi pests) Molluscicide (Snail pests) Other chemicals used d. Fertilizer e. Irrigation f. Other expenses Total expenses D. Net Income