Operating Inputs............ Units............. Price... ..Quantity... Value Soybean seed Lbs. 0.250 45.00 $11.25 Nitrogen (N) Lbs.... 0.250. 15.00 ..3.75 Phosphate (P2O5) Lbs. 0.110 40.00 4.40 Potash (K20). Lbs.. 0.080. 40.00. .3.20 Pre-emergence Herbicide Acre 14.020 1.00 14.02 Post-emergence Herbicide Acre. 4.690. 1.00 4.69 Rent fertilizer Spreader Acre 2.350 1.00 2.35 Annual operating capital..... Dollar. 0.107. 23.34 2.49 Machinery labor Hour 6.000 2.03 12.16 Mach. fuel, lube, repair Dollar. 18.50 Total operating costs $76.81 Fixed costs Machinery: Interest at 10.675% Amount.. $184.00 Value Depreciation. taxes, insurance. $19.64 Total fixed costs.... 24.21 $ 43.85 Production Soybeans Total receipts Returns above total operating costs. Returns above all specified costs What is the total operating cost per acre? $2.46 Units Bushel Price... $5.90 Quantity 34.00 Value $200.60 .$200.60 $79.94 $76.81 $79.94 $120.66