Fixed Cost

Cost (GH¢)

Number of Years

Depreciated value*

Hoe

158.71

2

79.34

Cutlass

31.50

2

15.75

Donkey cart

566.67

5

113.33

Fixed Cost

208.42

Variable Cost

Quantity

Unit Price (GH¢)

Amount (GH¢)

Land (Hectare)

1

100

100

Seed (Kg)

45

1

45

Sulphate of Ammonia (50 kg)

3

49

147

NPK (50 kg)

5

51

255

Compost

116.67

Herbicides (Liters)

5

10

50

Land preparation

Contract

251.40

Sowing

Contract

98.54

Labour for chemical applications

Contract

62.30

First weeding

Contract

152.80

Second weeding

Contract

122.40

Harvesting

Contract

137.45

Shelling

Stipend and fuel

87.67

Variable Cost

Total Cost

Revenue/Income

Quantity

Unit Price (GH¢)

Amount (GH¢)

Yield (Kg/Ha)

2283

0.60

1369.80

Total Revenue

1369.80

Profit (Loss)

(464.85)