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) |