Operating Inputs............ Units........... Price.......... Soybean seed Lbs. 0.250 Nitrogen (N) Lbs. 0.250 Phosphate

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Operating Inputs Units Price Soybean Seed Lbs 0 250 Nitrogen N Lbs 0 250 Phosphate 1 (112.56 KiB) Viewed 24 times

Operating Inputs............ Units........... Price.......... Soybean seed Lbs. 0.250 Nitrogen (N) Lbs. 0.250 Phosphate (P205) Lbs. 0.110 Potash (K20) Lbs. 0.080 Pre-emergence Herbicide Acre 14.020 Post- emergence Herbicide Acre Rent fertilizer Spreader Acre 2.350 Annual operating capital..... Dollar. 0.107 Machinery labor Hour 6.000 Mach, fuel, lube, repair Dollar Total operating costs Quantity... 45.00 15.00 40.00 40.00 1.00 1.00 1.00 23.34 2.03 Valne $11.25 3.75 4.40 .3.20 14.02 4.69 2.35 2.49 12.16 18.50 4.690 *** $76.81 Fixed costs Machinery: Interest at 10.675% Depreciation, taxes, insurance. Total fired costs. ...Amout... $184.00 Talue $19.64 24.21 $ 43.85 Price. $ 5.90 Quantity 34.00 Production Units Soybeans Bushel Total receipts Retums above total operating costs. Retums above all specified costs Value $200.60 $200.60 $79.94 What is the total specified fertilization cost per acre including the spreader rental? (ignore cost of labor and capital) $3.75 $7.60 $11.35 $13.70