Show the following values for the cow-calf enterprise budget below. Some values will have to be calculated.

a. Gross revenue $ ?

b. Gross margin $ ?

c. Profit $ ?

d. Net income (assume management, labor and operating capital are supplied by the operator. $ _____?______________

e. Breakeven selling price needed for the feeder calf, to pay total costs

$ _____?________ per cwt.

Cow-Calf Budget Spring Calving. Sell at 225 days of age Quantity/Unit Total Value Receipts Feeder Ca f Sale Cull Cows and Bulls Total Receipts Variable Costs 425 la 92 Feed S 39 180 Pasture (Hay Eauk Hay (grass) Salt & Mineral 2.6 ton S15/ton s60/ton Total Feed Costs 15 Marketing Supplies &Misc. Int. on Operating Capital 12 135 12mo 9% Total Variable Costs Fixed Costs 560 120 Labor Charge 8 hours $7.50/hr Cow Replacemen: Bull Replacement Int. on Breeding Stock Fence & Facilities Management Charge 37 591 9% 5% of gross revenue Total Fixed Costs Total Costs