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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