Operating Inputs.. Units...... Soybean seed Lbs. Nitrogen (N) .Lbs. Phosphate (P205) Lbs. Potash (K20) Lbs. Pre-emergenc
Posted: Mon May 02, 2022 7:06 am
Operating Inputs.. Units...... Soybean seed Lbs. Nitrogen (N) .Lbs. Phosphate (P205) Lbs. Potash (K20) Lbs. Pre-emergence Herbicide Acre Post- emergence Herbicide Acre. Rent fertilizer Spreader Acre Annual operating capital..... Dollar. Machinery labor Hour Mach fuel, lube, repair Dollar Total operating costs Price. 0.250 0.250 0.110 0.080.. 14.020 4.690 2.350 0.107. 6.000 ..Quantity.. Jalue 45.00 $11.25 15.00 3.75 40.00 4.40 40.00 3.20 1.00 14.02 1.00 4.69 1.00 2.35 23.34 2.49 2.03 12.16 18.50 ****** $76.81 Fixed costs Machinery: Interest at 10.675% Depreciation taxes, insurance. Total fixed costs.. Amount.. $184.00 Value $19.64 24.21 .$ 43.85 Production Units Soybeans Bushel Total receipts Retums above total operating costs. Retums above all specified costs Price $ 5.90 Quantity. 34.00 Value $200.60 $200.60 What is the total interest cost per acre that is budgeted? $79.94 $2.49 $19.64 $22.13 $43.85