You operate a $3500-$acre grain farm in the Dark Brown soil zone in Saskatchewan, primarily growing

wheat and canola. For the sake of this assignment, assume that your labour and management costs

amount to $$40$ per acre $($you will need to include this somehow in the crop planning guide numbers as

they do not have this value in their calculafions$).$ You are contemplafing three different decisions that

could affect your farm's financial performance. Each decision involves specific costs and potenfial income

changes. Your task is to analyze the following scenarios and parfial budgets for each decision and

determine which one$($s$)$ would be the most financially advantageous for your farm.

Enterprise Budgets

Assume you plan to plant $1400$ acres of Canola, $1100$ acres of HRSW$,$ and $500$ acres of green lenfils and

$500$ acres of soybeans.

$1.$ Using the $2024$ crop planning guide, calculate the expected total revenue, total variable costs

and total costs $($variable plus overhead$)$ for the rotafion outlined above.

a$.$ Which crop enterprise has the greatest gross margin?

b$.$ Which crop enterprise has the greatest total return?