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Showing posts with label farm supplies.. Show all posts
Showing posts with label farm supplies.. 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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