Question: Excel formulas need to be shown has to be linked to table 1 Table 1: Initial Assumptions - Revenue & Operating Costs per Acre (5

Table 1: Initial Assumptions - Revenue & Operating Costs per Acre (5 pts.) Commodity Almonds Walnuts Establishment costs (operating) Year 0 ($ 6,453) ($ 7,082) Year 1 (700) (750) Year 2 (650) (1,044) Year 3 (99) (1,063) Year 4 1,502 (452) Year 5 663 Year 6 3,374 Full production potential Revenue Yield (lbs.) Price per lb. Total revenue 2,200 $ 2.50 $ 5,500 6,000 $ 1.20 $ 7,200 Operating costs ($ 2,717) ($ 2,839) Income above operating costs $ 2,783 $ 4,361 2. Calculate the following break-even values that equate the gross margins of almonds and walnuts. This may be accomplished by algebraically manipulating the equation. (8 pts.) PAYA - VCA = PwYw - VCw - Break-even value Parameter Per unit price of almonds Per unit price of walnuts Yield of almonds Yield of walnuts Table 1: Initial Assumptions - Revenue & Operating Costs per Acre (5 pts.) Commodity Almonds Walnuts Establishment costs (operating) Year 0 ($ 6,453) ($ 7,082) Year 1 (700) (750) Year 2 (650) (1,044) Year 3 (99) (1,063) Year 4 1,502 (452) Year 5 663 Year 6 3,374 Full production potential Revenue Yield (lbs.) Price per lb. Total revenue 2,200 $ 2.50 $ 5,500 6,000 $ 1.20 $ 7,200 Operating costs ($ 2,717) ($ 2,839) Income above operating costs $ 2,783 $ 4,361 2. Calculate the following break-even values that equate the gross margins of almonds and walnuts. This may be accomplished by algebraically manipulating the equation. (8 pts.) PAYA - VCA = PwYw - VCw - Break-even value Parameter Per unit price of almonds Per unit price of walnuts Yield of almonds Yield of walnuts
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