Using the information in table 1 on page 4, you are required to calculate the total...

 

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Using the information in table 1 on page 4, you are required to calculate the total marketing input costs (TMIC), net revenue surplus (NRS) and the average net revenue surplus (ANRS) for each member of JYK Agricultural Cooperative. Table 1; Amounts of milk supplied to JYK Agriculture Cooperative by its members and additional information per litre of milk Table 2; Additional information Member No: Amount of milk supplied Item per litre of milk Amount (K) (Litres) Transportation costs 0.43 1 105 Storage costs 1.00 352 Cost of packaging materials 0.75 3 203 Other processing costs 1.30 4 57 Price of raw milk 4.70 124 Price of processed milk 12.7 89 67 234 159 10 81 Using the information in table 1 on page 4, you are required to calculate the total marketing input costs (TMIC), net revenue surplus (NRS) and the average net revenue surplus (ANRS) for each member of JYK Agricultural Cooperative. Table 1; Amounts of milk supplied to JYK Agriculture Cooperative by its members and additional information per litre of milk Table 2; Additional information Member No: Amount of milk supplied Item per litre of milk Amount (K) (Litres) Transportation costs 0.43 1 105 Storage costs 1.00 352 Cost of packaging materials 0.75 3 203 Other processing costs 1.30 4 57 Price of raw milk 4.70 124 Price of processed milk 12.7 89 67 234 159 10 81

Answer rating: 100% (QA)

Formula Total Marketing inputs cost Marketing input costs per unit Quantity of materials Total Reven... View the full answer