Interactive Smartform Budget

Directions: To calculate your net return per acre, first select the production method and crop type below. Then enter the price and quantities for each item listed. You may skip items which are not applicalble to your operation. Please be sure to enter all information on a per acre basis. Your net return per acre will be calculated automatically. When you are satisfied that your entries are correct, you m ay print the form for your reference.

ITEM TYPE UNIT PRICE QUANTITY TOTAL
PRODUCTION METHOD     
RECEIPTS $ $
VARIABLE COSTS     
Custo m Soil Testacre$ $
 Apply Calcium Limeton$ $
FertilizerNlb$ $
  Plb$ $
 Klb$ $
Soil Amendments$ $
 $ $
 $ $
Herbicides$ $
 $ $
 $ $
 $ $
  $ $
 $ $
Fungicides$ $
 $ $
 $ $
 $ $
 $ $
 $ $
Pesticides$ $
 $ $
 $ $
 $ $
 $ $
 $ $
Other $ $
 $ $
 $ $
 $ $
 $ $
 $ $
LaborOperatorhr$ $
 Regular Hiredhr$ $
 Seasonal Laborhr$ $
FuelRegulargallon$ $
 Dieselgallon$ $
Irrigation Installation Costacre$ $
 Operating Costacre$ $
Repair & MaintenanceTractorsacre$ $
 Implementsacre$ $
Marketing CostsPicking Cratescrate$ $
 Packing Boxesbox$ $
 Packaging $ $
 Cool Storage $ $
 Selling Charges $ $
VARIABLE COST SUB-TOTAL     $
Interest on Operating Capital See Note 1acre%1 $
TOTAL VARIABLE COSTS     $
RETURNS ABOVE VARIABLE COSTS    $
FIXED COSTSTractorsacre $1 $
 Equipmentacre $1 $
 Implementsacre $1 $
 Land Chargeacre $1 $
 Pre-Production Cost Allocationacre $1 $
TOTAL FIXED COSTS     $
TOTAL FIXED & VARIABLE COSTS     $
Management FeesSee Note 2 7%  $
TOTAL COSTS     $
NET RETURNS acre   $

Calculation Assumptions:

Note 1: Interest on Operating Capital = (Variable Cost Sub Total) x Inter est x .29
Note 2: Management Fee = (Total Fixed + Variable Costs - Land Charge) x .07

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Annie's Project