SETUP: Your farm is located in south central Georgia. Possible Enterprises Being Considered Crops O Corn, grain sorghum, wheat, alfalfa hay and sunflowers Livestock O Resource Constraints Land o 2,400 acres that can be used for any of the crops listed in Step 1, and 800 acres that can be used for pasture, only. Buildings and Machinery O You have machinery and buildings for any of the enterprises listed in Step 1 (not very realistic, but we are just practicing at this stage). Labor O Feed Beef cow/calf, ewe flock, dairy herd, stocker steers O TASK Livestock You have a maximum of 7,200 hours of labor available, as a fixed resource (3 full-time people). Enterprise Budget Data Crops Crops (per acre) Yield Price All corn and hay fed to livestock must be produced on the farm. Gross revenue Variable costs (excluding labor) Gross margin per acre Labor required (hours / acre) Livestock Pounds to sell Selling price Other revenue Gross revenue Variable costs (including feed and excluding labor) Labor required (hours) Fe