Gross Margins/ Cost of Establishment Flashcards Preview

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Flashcards in Gross Margins/ Cost of Establishment Deck (2)
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1
Q

Gross Margin for Feed Wheat (acres)

A

Income
3.5 tonne per acre @ 270 per tonne = £945 per acre

Variable Costs
Seed @ £25 per acre
Fert @ £250 per acre (assume bought this week)
Sprays@ £100 per acre
Sundries @ £10 per acre

Total = £385 per acre

GM = £560

2
Q

Gross Margin Wheat (HA)

A

Income @7.5 tonne per ha (£275 per tonne)

Total Income £2063

Variable Costs
Seed £66
Ferts £575
Sprays £265
Sundries £23

Total Costs £929

Gross Margin of - £1,134