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What is the Total Cost? and Fixed Cost? and Variable Cost? Opportunity Cost? Accounting Cost? Economic Cost? The 1 table is captured in 2 pics
What is the Total Cost? and Fixed Cost? and Variable Cost? Opportunity Cost? Accounting Cost? Economic Cost?
The 1 table is captured in 2 pics
VALUE ASSUMPTIONS Area (ha) Yield (tonnes per ha) Cartons per tonne (no.) 100 100 TOTAL farm CROP COST P ER TONNE PER CARTON % OF COP $50,000 $40,000 $70,000 $5,000 $25,000 $5,000 $195,000 $5,600 $5,000 $10,000 $3,000 $5,000 $2,000 $30,600 $11.20 $10.00 $20.00 $6.00 $10.00 $4.00 $61.20 $0.11 $0.10 $0.20 $0.06 $0.10 $0.04 $0.61 28% CALCULATIONS Crop Input Costs Fertiliser Seedlings Labour Chemicals Fuel Other input costs Total crop input costs Post Growing Costs Harvesting - labour Harvesting - other Packing Transport Other post growing costs Total post growing costs Overhead costs Total operating costs Capital Costs $70,000 $40,000 $20,000 $10,000 $6,000 $3,000 $2,000 $5,000 $12.00 $6.00 $4.00 $10.00 $0.12 $0.06 $0.04 $0.10 $140,000 $50,000 $385,000 $16,000 $5,000 $51,600 $32.00 $10.00 $103.20 $0.32 $0.10 $1.03 15% 5% 47% I VOS y ULICI 140,Luv $20,000 $10,000 wu,uvu $2,000 $5,000 $4.00 $10.00 DU. $0.04 $0.10 $140,000 $50,000 $385,000 $16,000 $5,000 $51,600 $32.00 $10.00 $103.20 $0.32 $0.10 $1.03 15% 5% 47% Packing Transport Other post growing costs Total post growing costs Overhead costs Total operating costs Capital Costs Machinery depreciation Opportunity cost of machinery ownership value of machinery % apportioned to crop opportunity cost of capital $35,000 $5,500 $11.00 $0.11 $200,000 25% 8% $16,000 $4,000 $4,000 $8.00 $8.00 $0.08 $0.08 Land rent $4,000 20.00 $38,500 $93,500 $5,160 $18,660 $10.32 $37.32 $0.10 $0.37 17% Financing total operating costs total farm operating costs $385,000 total crop operating costs $51,600 cost of finance (e.g. overdraft) 10% Total capital costs Return for Labour, Management and Ownership Owner's labour Profit Total return for labour, management and ownership Total cost of production $80,000 $100,000 $180,000 $658,500 $20,000 $20,000 $40,000 $110,260 $40.00 $40.00 $80.00 $220.52 $0.40 $0.40 $0.80 $2.21 36% 100% VALUE ASSUMPTIONS Area (ha) Yield (tonnes per ha) Cartons per tonne (no.) 100 100 TOTAL farm CROP COST P ER TONNE PER CARTON % OF COP $50,000 $40,000 $70,000 $5,000 $25,000 $5,000 $195,000 $5,600 $5,000 $10,000 $3,000 $5,000 $2,000 $30,600 $11.20 $10.00 $20.00 $6.00 $10.00 $4.00 $61.20 $0.11 $0.10 $0.20 $0.06 $0.10 $0.04 $0.61 28% CALCULATIONS Crop Input Costs Fertiliser Seedlings Labour Chemicals Fuel Other input costs Total crop input costs Post Growing Costs Harvesting - labour Harvesting - other Packing Transport Other post growing costs Total post growing costs Overhead costs Total operating costs Capital Costs $70,000 $40,000 $20,000 $10,000 $6,000 $3,000 $2,000 $5,000 $12.00 $6.00 $4.00 $10.00 $0.12 $0.06 $0.04 $0.10 $140,000 $50,000 $385,000 $16,000 $5,000 $51,600 $32.00 $10.00 $103.20 $0.32 $0.10 $1.03 15% 5% 47% I VOS y ULICI 140,Luv $20,000 $10,000 wu,uvu $2,000 $5,000 $4.00 $10.00 DU. $0.04 $0.10 $140,000 $50,000 $385,000 $16,000 $5,000 $51,600 $32.00 $10.00 $103.20 $0.32 $0.10 $1.03 15% 5% 47% Packing Transport Other post growing costs Total post growing costs Overhead costs Total operating costs Capital Costs Machinery depreciation Opportunity cost of machinery ownership value of machinery % apportioned to crop opportunity cost of capital $35,000 $5,500 $11.00 $0.11 $200,000 25% 8% $16,000 $4,000 $4,000 $8.00 $8.00 $0.08 $0.08 Land rent $4,000 20.00 $38,500 $93,500 $5,160 $18,660 $10.32 $37.32 $0.10 $0.37 17% Financing total operating costs total farm operating costs $385,000 total crop operating costs $51,600 cost of finance (e.g. overdraft) 10% Total capital costs Return for Labour, Management and Ownership Owner's labour Profit Total return for labour, management and ownership Total cost of production $80,000 $100,000 $180,000 $658,500 $20,000 $20,000 $40,000 $110,260 $40.00 $40.00 $80.00 $220.52 $0.40 $0.40 $0.80 $2.21 36% 100%Step by Step Solution
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