I need the three methods done using the same format for all three.
AGEC 4830 Homework Assignment #2 Comparing Some Marketing Alternatives 20 points (Please print or type your answers (Be sure your name is listed clearly on the answers you turn in) Kaleb T. Cattleman has been considering whether there is any advantage to selling his feeder steers in the video auction over selling at the auction in Longhaul, Wyoming. year he sold his cattle the Longhaul auction barn. Kaleb two neighbors who used different video auction services. He has asked his neighbors to provide specifics so he can compare net prices after marketing between auction and video auction alternatives. Longhaul Auction Kaleb sold his steer calves in October. They averaged 550 pounds before he shipped them to the auction. He got s153.69/cwt for them. Longhaul charges s13.50head for calves under 999 pounds for commission or market charges. Other costs include Brand Inspection $1.50/head Health- $0.30head: Predator Board- $1.00/head; Beef Check off $1.00/head Insurance $0.76/head: Yardage- $2.50; Feed- $2.56. Kaleb hired the "We Getem-There livestock trucking company which charged $3.50 per loaded mile. They were able to get about 85 head on each truck. Total time spent weighing, handling and on the truck to auction was 8 hours. The cattle received feed and water at the auction before being sold and gained back excretory shrink incurred on the trip or about 2% of what they lost in terms of physical shrink. Video Auction-Alternative 1 Widow Lonesome sold her steer calves on the Wild West video auction for $153.50/cwt in March for October delivery. The calves were contracted for an expected average weight o 525 pounds with a slide of S0.15/cwt for every pound over an average weit ght of 540. The cattle were weighted on certified scales and sold FOB at the ranch. When trucks came to pick up the cattle they averaged 542 pounds. The cattle were sold with a 3% pencil shrink. Other costs for this alternative included: Filming fee $3/head; Commission at delivery $10/head; Brand Inspection S1.50head; Health- $0.30/head; Predator Board $1.00head; Beef Check off S1.00 head. Video Auction-Alternative 2 Rowdy Cowman sold his steer calves on the Western Excellence video auction for s154.10/cwt. His calves were contracted for an expected average weight of 530 pounds with a slide cwt for every pound over an average weight of 540. His cattle were weighed certified scales and sold FOB the ranch as we When trucks came to pick up the cattle they averaged 552 pounds. The cattle were sold with a 2% pencil shrink. other costs for this alternative included: 2% of gross sales commission fee (s3/hd taping fee is charged seller if cattle no-saled); Brand Inspection si.50/head; Health $0.30head: Predator Board head; Beef Check off S1.00/head. Kaleb Use the marketing worksheets to compare the methods. Write a short paragraph advising as to who got the best price after all the marketing costs were taken into account, and as part of your answer describe what cost categories were most important in affecting the outcome