You are a Dairy farmer in Ford Beauford employing 12 workers and have completed the herd...
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You are a Dairy farmer in Ford Beauford employing 12 workers and have completed the herd composition for the next budget year. Opening valuation LSU''S 186.35 Value 150470 ii. iii. Deaths No. 10 iv. No V. 77 Sales Value 52350 Slaughterings Value 3675 No. 6 No 33 heifers 1-2 70 calves 16 Hides sold (from dead and slaughtered animals) Marketing costs for animals sold: Feed concentrates Doses Vaccine: Dip Transport costs: animals to the market milk to dairy Casual labour: milking parlour cleaners You must complete the income and cost budget for the Dairy enterprise for the budget period from 1/11/2017 to 31/10/2018. It is assumed that 100 cows will be milked during the year giving an average daily yield of 15 litres per cow. The milk will be sold fresh to a dairy for R6.50 per litre. Purchases Value 12460 Births NO 70 Closing vi LOUS 178.3 (NB: "head" is the equivalent of number of animals.) In addition, the lactating cows graze on improved pastures throughout the year at an average rate of 2 cows per ha. The average variable costs for the pastures amount to R3150,00 per ha. R 80.00/hide 6% of sales value R 3825.00/ cow milked R 382.50/calf born R 366.65/ heifer R 396.30/calf R 36.45/head/month R 260.00/head 0.75 cents per litre R 1000.00/day Complete the livestock income and cost budget; Determine the Direct Gross Margin per LSU; Determine the improved pasture variable costs per LSU; Determine the Livestock Gross Margin per LSU AND per R100 variable costs. Neatness of your work [40] [10] [15] [25] [10] You are a Dairy farmer in Ford Beauford employing 12 workers and have completed the herd composition for the next budget year. Opening valuation LSU''S 186.35 Value 150470 ii. iii. Deaths No. 10 iv. No V. 77 Sales Value 52350 Slaughterings Value 3675 No. 6 No 33 heifers 1-2 70 calves 16 Hides sold (from dead and slaughtered animals) Marketing costs for animals sold: Feed concentrates Doses Vaccine: Dip Transport costs: animals to the market milk to dairy Casual labour: milking parlour cleaners You must complete the income and cost budget for the Dairy enterprise for the budget period from 1/11/2017 to 31/10/2018. It is assumed that 100 cows will be milked during the year giving an average daily yield of 15 litres per cow. The milk will be sold fresh to a dairy for R6.50 per litre. Purchases Value 12460 Births NO 70 Closing vi LOUS 178.3 (NB: "head" is the equivalent of number of animals.) In addition, the lactating cows graze on improved pastures throughout the year at an average rate of 2 cows per ha. The average variable costs for the pastures amount to R3150,00 per ha. R 80.00/hide 6% of sales value R 3825.00/ cow milked R 382.50/calf born R 366.65/ heifer R 396.30/calf R 36.45/head/month R 260.00/head 0.75 cents per litre R 1000.00/day Complete the livestock income and cost budget; Determine the Direct Gross Margin per LSU; Determine the improved pasture variable costs per LSU; Determine the Livestock Gross Margin per LSU AND per R100 variable costs. Neatness of your work [40] [10] [15] [25] [10]
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Answer rating: 100% (QA)
Livestock Income and Cost Budget a Milk Sales Total Milk Yield 100cows 15litrescowday 365days 547500... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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