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<br />0' <br /> <br />',""j1 <br /> <br /><.,1 <br />"i-.;f <br />.. ..' <br /> <br />r- <br />'~-' <br /> <br />- 2 - <br /> <br />Irrigation powerY Direct <br />Irrigation lub. + 50% <br />Irrigation repair + 100% <br />Labor cost Machine + 10% <br />Labor cost - Irrigation + 10% <br />Subtotal <br /> <br />Interest on operating capital 1/2 x 8% = <br /> <br />Total Variable Cost <br /> <br />Income above Variable Cost per acre <br /> <br />9.09 <br /> <br />.21 <br /> <br />3.36 <br /> <br />10.86 <br /> <br />1.00 <br />158.01 <br /> <br />7.00 <br /> <br />165.01 <br /> <br />77.09 <br /> <br />III. Machinery and Equipment ownership (Depr, Taxes, Insurance and Interest) <br /> <br />Tractor <br /> <br />+ 30% <br /> <br />Equipment <br /> <br />+ 30% <br /> <br />Irrigation System (Same) <br /> <br />Interest (prorate tractor and equipment <br />+30%; irrigation equipment <br />the same @ 8% <br /> <br />IV. <br /> <br />Returns to land, risk, lIIa11agement and general <br />farm overhead per acre in the 130 acre <br />irrigation circle center <br /> <br />Y Estimated by Dick Sparks and Acie Gunnels <br /> <br />9.40 <br /> <br />6.72 <br /> <br />22.89 <br /> <br />19.56 <br />58.57 <br /> <br />18.52 <br />