Showing posts with label day old chicks. Show all posts
Showing posts with label day old chicks. Show all posts

Sunday, December 20, 2015

FINANCIAL ANALYSIS ; RAISING BROILERS FOR PROFIT.

REARING COST FOR 5OO BROILERS; EXPENDITURE AMOUNT. 1) Land...............................................1,500,000 2)Housing...........................................900,000. 3) D.O.C @ 200#.....................................100,000. 4) Brooding cost @ 25#/chick........................12,500. 5)vaccination/medication @ 40#....................20,000. 6)Farm supplies,tools,wheel barrow................15,000. 7)Drinker/feeder.....................................25,000. 8) Feed @ 100g/chick/day @ 0-3 weeks cost of feed(2800).....11,760. 9)Feed @ 180g/chick/day for 4-7 weeks and cost of feed..3000....226,800. 10) Labor...................................20,000. TOTAL.............................2,831,060. Analysis. sale of birds @ 2000/bird. 2000x 490(2% mortality}......980,000. Profit=sale proceeds-recurrent expenditure = 980,000- 391,060 588,940 Naira. An investor will have a profit of 588,940; and subsequent production cost will reduce because the capital expenditure is paid for at onset of production An investor can have this turn over every 42 days,thats a good turn-over.

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