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Operating Inputs...... Units......... Price... ..Quantity... Value Soybean seed. Lbs. 0.250 45.00 $11.25 Nitrogen (N) Lbs. 0.250. 15.00 .3.75 Phosphate (P2O5) Lbs. .0.110 40.00 4.40

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Operating Inputs...... Units......... Price... ..Quantity... Value Soybean seed. Lbs. 0.250 45.00 $11.25 Nitrogen (N) Lbs. 0.250. 15.00 .3.75 Phosphate (P2O5) Lbs. .0.110 40.00 4.40 Potash (K2O). Lbs.. 0.080. 40.00. .3.20 Pre-emergence Herbicide Acre 14.020 1.00 14.02 Post-emergence Herbicide....Acre. 4.690. 1.00 4.69 Rent fertilizer Spreader Acre 2.350 1.00 2.35 Annual operating capital..... Dollar. 0.107. 23.34 2.49 Machinery labor Hour 6.000 2.03 12.16 Mach. fuel, lube, repair Dollar. 18.50 Total operating costs $76.81 Fixed costs Machinery: Interest at 10.675% Amount... $184.00 Value Depreciation taxes, insurance. $19.64 Total fixed costs... 24.21 .$ 43.85 Production Soybeans Total receipts Returns above total operating costs. Returns above all specified costs. Units Price. Bushel $ 5.90 Quantity 34.00 Value $200.60 .$200.60 $79.94 What is the return above total operating cost per acre? $79.94 $120.66 $123.79 $200.60

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