Crop Acres 122 REVENUE Cotton Lint Cottonseed Total Revenue Quantity 1.250.00 0.89 Units Pound Ton S/Unit $0.63 $165.00 Total $787.50 $146.44 $93397 Quantity Units S/Unit Total 1250 39.0625 Pound CWT Acre Acre $0.08 $2.90 $4.75 $9.00 $100.00 $113 28 $4.75 $9.00 1 50 125 Pound Pound $0.64 $0.38 $32.00 $47.50 1 1 1 0.2 Acre Acre Acre Acre $9.50 $4.50 $25.00 $15.00 $9.50 $4.50 $25.00 $3.00 10. IMM||||| 1 25 Acre Bale $12.00 $0.00 $12.00 $0.00 1 Acre $40.00 $40.00 Seed VARIABLE COSTS Production Costs Custom Strip and Module - Cotton Ginning - Cotton Fertilizer Application - Liquid High Scouting Fertilizer Fertilizer (P) - Liquid Fertilizer (N) - Liquid Herbicide Herbicide - Cotton Preplant Herbicide - Cotton At Plant Herbicide - Cotton Postplant Spot Spray and Chemical Insecticide Insecticide and Apply Cotton Boll Weevil Assessment Irrigated Miscellaneous Crop Insurance Cotton - Irrigated Seed - Cotton Irrigated Other Chemicals Harvest Aid Apply Cotton Irrigated Other Labor Hoeing Irrigation Energy Cost Irrigation Labor Machinery Labor Tractors/Self-Propelled Other Labor Diesel Fuel Tractors/Self-Propelled Gasoline Pickup/General Use Equipment Repairs & Maintenance Pickup/General Use Equipment Irrigation Equipment Tractors/Self-Propelled Implements Interest on Credit Line Total Variable Costs Planned Returns Above Variable Costs 40 Thousand $1.59 $63.60 1 Acre $25.00 $25.00 0.2 Acre $15.00 $3.00 12.00 Acreinch 1.00 Hour $10.00 $12.00 $120.00 $12.00 0.74 0.86 Hour Hour $12.00 $12.00 $8.88 $10.32 4 Gallon $1.90 $7.60 1 Acre $4.40 $4.40 1 1 1 1 Acre Acre Acre Acre $0.50 $21.00 $6.00 $3.00 8.00% $0.50 $21.00 $0.00 $3.00 $15.42 S02 Quantity Units Unit Total FIXED COSTS Equipment Fred Costa Pickup General Use Equipment Irrigation Equipment Tractors/Self-Propelled Implements Management Fee, Owner Operator Labor Cash Rent - Cotton Irrigated Whole Farm Insurance Total Fixed Costs Total Specified Coats 1 1 1 1 1 1 1 Acre Acre Acre Acre Acre Acre Acre $1.25 $55.00 $12.00 $10.00 $25.00 $100.00 $2.00 $1.25 $55.00 $12.00 $10.00 $25.00 $100.00 $2.00 QUESTION 8 Using the attached enterprise budget for cotton, what is breakeven price to cover operating costs? Lint is the primary product. HW4 Cotton Budget.pdf O a $0 61/15 b. $0.44/1b OC. $0.73/16 O d. $0.56/1b QUESTION 9 Using the attached enterprise budget for cotton what is breakeven yield to cover operating costs? Lint is the primary product HW4 Cotton Budget.pdf O a. 1206.44 lb O b. 1113 10 lb O c. 1438 89 lb O d. 880.65 lb QUESTION 10 Based on the attached enterprise budget for cotton, should cotton be produced this year? HW4 Cotton Budget.pdf O a. Yes, and make a profit O b. Yes, at a loss c. No O d. Cannot be determined
