QUESTION $2$

Use the attached enterprise budget for peanuts to calculate gross margin. Exam $1$ Peanut Budget.pdf

a$.$ $$149\mathrm{.}18$

b$.$ $$240\mathrm{.}25$

c$.$ $$91\mathrm{.}07$

d$.$ $$116\mathrm{.}68$

Projections for Planning Purposes Only $-$ Not to be Used without Updating

$2016$ Estimated Costs and Returns per Acre

Irrigated Peanuts $-122$ Acres

South Plains Extension District $-2$