Question: When grain marketing is considered a separate enterprise from producing the grain, the cost of the grain going into to the enterprise should be estimated

When grain marketing is considered a separate enterprise from producing the grain, the cost of the grain going into to the enterprise should be estimated as:

a)its total cost of production through harvest

b)its variable cost of production through harvest

c)the cash price it could have been sold for at harvest

d)the futures price it could have been sold for at harvest (hedge price)

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