Question
Cow-Calf Budget Spring Calving, Sell at 225 days of age Feeder Calf Sale $340 Total revenue Income over variable costs $30999 Profit $30694 Breakeven selling
Cow-Calf Budget Spring Calving, Sell at 225 days of age Feeder Calf Sale $340 Total revenue Income over variable costs $30999 Profit $30694 Breakeven selling price needed for the feeder calf to pay total costs? Note: when doing your calculation, also subtract the $92 cull cow revenue away from the total cost (in the numerator) per unit to get just the break-even calf price needed. In the short run, would you recommend that this producer continue this enterprise? Explain your answer.
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Horngrens Financial and Managerial Accounting
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
5th edition
9780133851281, 013385129x, 9780134077321, 133866297, 133851281, 9780133851298, 134077326, 978-0133866292
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