question 35 and 36 help

Question 35 (3 points) What is the cost of production? a. $2.55/bu b. $4.12/bu c. $214.10/acre Question 36 (3 points) What is the break-even vield? a. 42.82 bu/acre b. 16.20 bu/acre / O c. 52.00 bu/acre Question 35 (3 points) What is the cost of production? a. $2.55/bu b. $4.12/bu c. $214.10/acre Question 36 (3 points) What is the break-even vield? a. 42.82 bu/acre b. 16.20 bu/acre / O c. 52.00 bu/acre Wheat Enterprise Budget (one acre, one year) Item Revenue Quantity Price Amount Wheat grain $5.00 $260.00 $260.00 Total Revenue $15.00 120 Operating Expenses (aka variable costs) Seed Fertilizer Chemicals. Fuel and Repairs Labor Total Operating Expenses $23.40 alone hour 7 $132.80 1 | $14.20 1 | $10.60 alere $10.60 Ownership Expenses (aka fired costs) Machinery depreciation Machinery interest Other ownership expenses (Land) Total Ownership Expenses Total Expenses alone $81.30 S214,10 Profit $45.90