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The farm has 40 acres of land devoted to growing Peppers, Spinach, and Corn. The cost associated with growing these crops are as follows: Acres
The farm has 40 acres of land devoted to growing Peppers, Spinach, and Corn. The cost associated with growing these crops are as follows:
Acres Planted | |
Peppers | 5 |
Spinach | 10 |
Corn | 25 |
Direct Costs | |
Pepper Seeds | $ 600 |
Spinach Seeds | $ 2,300 |
Corn Seeds | $ 1,100 |
Total Direct Costs | $ 4,000 |
Indirect Costs | |
Land Lease - 40 acres | $ 35,000 |
Planting Labor | $ 30,000 |
Harvesting Labor | $ 50,000 |
Farm Equipment Lease | $ 15,000 |
Organic Fertilizer | $ 10,000 |
Total Indirect Costs | $ 140,000 |
Total Costs | $ 144,000 |
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