Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Write hypothetical data on maize a] Construct an enterprise budget of maize with the following: The total output produce by an arable crop farmer is

Write hypothetical data on maize

a] Construct an enterprise budget of maize with the following: The total output produce by an arable crop farmer is 120kg while the unit is $4.00. The operation overhead expenses are: 2kg of seed and at the cost of $1.95, tillage of 1 hectare at the cost of $20.00, 167kg of phosphorous fertilizer at the cost of $0.57, machinery tax at the cost of $10.50, 60kg of potassium at the cost of potassium at the cost of $38.00, repair of 1 hectare at the cost of $24.93, cost of labour at the cost of $16.00,cost of 120 litres of fuel at the cost of $0.25,land charges at the cost of $4.00

b] calculate [i] income over operating cost (expenses) [ii] the operating expenses [iii] grand profit of the maize enterprise

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Internal Control A Managers Journey

Authors: K. H. Spencer Pickett

1st Edition

0471402508, 978-0471402503

More Books

Students also viewed these Accounting questions

Question

What is the relationship between humans and nature?

Answered: 1 week ago