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Cost Analysis And Returns Of Plantain Plantation On One Acre Of Land by farmerwealth(m): 3:49pm On Mar 03, 2018 |
If you want to go into plantain farming, this is rhe right time to do so. By clearing land before the rain starts fully COST ANALYSIS AND RETURNS OF PLANTAIN PLANTATION ON ONE ACRE OF LAND Analysing costs of production, two costs are to be put into consideration. Fixed and Variable Costs. Fixed costs: Land purchase(1acre): #250,000; Hoes, cutlasses, wheelbarrow, knapsack sprayer: #40,000; Plantain suckers: #105,000. Total Fixed Cost(TFC): #395,000. Variable cost: Land preparation: #15,000 Labour: #35,000 Manure + transportation: #50,000 Fertilizers: #96,000 Chemicals: #10,000 Total Variable Costs(TVC): #206,000 Total Cost (TC):#395,000+ #206,000 TC: #601,000 Returns: Average price of a dozen of bunches of big plantain: #8,500 * 58dozens =#493,000. Note1: the prices stated in the write up varies base on location and time Note2: plantain suckers were placed under FC, because you don't buy another suckers for other production, as plantain regenerate itself. Note3: also know that you should not expect profit in your 1st production, but if it comes, well thank your star. For a more detailed business plan for plantain plantation, supply of suckers, farm development and management call 08108776718/ whatsapp: 08059371220
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