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Okra Production Practices and Sample Costs

Table 4. WHOLE FARM EQUIPMENT LIST, PRICES, AND ANNUAL INVESTMENT, AND BUSINESS OVERHEAD COSTS TO PRODUCE OKRA
Coachella Valley-1995/1996

ANNUAL EQUIPMENT COSTS

Non-Cash Overhead Cash Overhead
Description Price Yrs
Life		 Depreciation Interest Insurance Taxes Total
95 60 HP 2WD Tractor 27765 12 2082 568 109 153 2912
95 90 HP 2WD Tractor 35000 12 2625 716 137 192 3671
95 Bed Shaper - 3 row 3600 12 270 74 14 20 378
95 Cult - 2 Row 40" 4250 15 255 87 17 23 382
95 Disc - 8' Offset 6100 15 366 125 24 34 548
95 Lister - 3 Row 40" 1600 15 96 33 6 9 144
95 Mower - Flail 6' 3420 10 308 70 13 19 410
95 Planter - 2 row 40 3150 10 283 64 12 17 378
95 Plow - 3 bot 5600 15 336 115 22 31 503
95 Shank Injector 1800 12 135 37 7 10 189
95 Sprayer - 200 gal 3000 10 222 70 13 19 325
95 Toolbar - 4 Row 40" 1240 15 74 25 5 7 111
95 Triplane - 12' 13600 15 816 278 53 75 1222
TOTAL 110125 7869 2262 434 608 11173
60% of New Cost* 66075 4721 1357 260 365 6704

*Used to reflect a mix of new and used equipment


ANNUAL INVESTMENT COSTS

Non-Cash Overhead Cash Overhead
Description Price Yrs
Life		 Deprec-
iation		 Interest Insur-
ance		 Taxes Repairs Total
Fuel Tanks & Pumps 6000 15 360 123 24 33 120 659
Shop Building 15000 20 675 307 59 83 300 1423
Shop Tools 5000 20 225 102 20 28 100 474
TOTAL INVESTMENT 26000 1260 532 102 143 520 2257


ANNUAL BUSINESS OVERHEAD COSTS

Description Units/
Farm		 Unit Price/
Unit		 Total
Cost
Land Rent 120 Acre 133 15960
Liability Insurance 120 Acre 25 3000
Office Expense 120 Acre 30 3000
Sanitation 1 Month 40 40

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