Soybean production Cost
A.Non-Material cost:
Sl. no | Items of operation | Mechanical labours @1400tk/ha | No. of labours @250tk/head/day | Total cost (Tk.) |
01. | Preparation of land by 5 ploughing & laddering | 5X1400 | 35 | 15,750.00 |
02. | Trimming of ails, spading of corners & breaking of clods | 10 | 2,500.00 | |
03. | Application of manures & fertilizers | 3 | 750.00 | |
04. | Seed treatment & sowing of seed in line | 10 | 2,500.00 | |
05. | Weeding | 40 | 10,000.00 | |
06. | Application of pesticides(2 times) & top dressing of fertilizers | 6 | 1,500.00 | |
07. | Irrigation (2 times) | 6 | 1,500.00 | |
08. | Collection of pod, threshing, cleaning & drying | 90 | 22,500.00 | |
Total | = | = | 57,000.00 |
B. Material cost:
Sl. no | Items | Quantity required Kg/ha | Price Tk./kg | Cost (Tk.) |
01. | Seed | 80 | 85 | 6,800.00 |
02. | Manures & Fertilizers | |||
Cowdung | 4000 | 1.00 | 4,000.00 | |
Urea | 55 | 18.00 | 990.00 | |
TSP | 160 | 23.00 | 3,680.00 | |
MoP | 110 | 17.00 | 1,870.00 | |
Gypsum | 90 | 9.00 | 810.00 | |
03. | Pesticides | 500.00 | ||
04. | Miscellaneous | 500.00 | ||
Total | = | = | 19,150.00 |
Total input cost: Non-Material cost (A) + Material cost (B)
= (57,000.00+ 19,150.00) Tk.
= 76,150.00 Tk.
C. Overhead cost:
Sl.no. | Items | Cost (Tk.) |
01. | Interest on total input cost @ 8% for 6 months | 3,046.00 |
02. | Interest on lease value of land 10,000 @ 10 tk. per annum for a period of 6 months | 500.00 |
03. | Miscellaneous cost (5% of total input cost) | 3,807.50 |
total | 7,353.50 |
Total cost of production = Non-Material cost (A) + Material cost (B) + Overhead cost (C)
= (57,000.00 + 19,150.00 + 7,353.50) Tk.
= 83,503.50 Tk.
D. Gross income
Products | Yield (kg/ha) | Value rate (Tk./kg) | Value (Tk.) |
1. Grain | 1500 | 90 | 1,35,000.00 |
2. Byproduct | 2300 | 10 | 23,000.00 |
Total | 1,58,000.00 |
E. Net income: Gross income – Total cost of production
= (1, 58,000.00 – 83,503.50) Tk.
= 74,496.50 Tk.
Benefit cost ratio (BCR): Gross income/ Total cost of production
= 1, 58,000.00 tk. / 83,503.50 tk.
= 1.89
Cost of production per unit of product (CPUP): TCP – VB / YP
= 83,503.50 tk. – 23,000.00 tk. / 1500 kg
= 40.33 tk. / kg
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