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4)A - Production Costs
Beef production systems are not always so profitable so costs need to be assessed carefully and regularly.
As each production system have different objectives the bench marks used for comparison is very changeable.
By using various calculating techniques the module enables the student to assess the physical and financial performance benchmarking system and make appropriate comparisons.
You will also measure the break even price within the beef system.
At the end of the module you can: -
- Identify the factors that influence gross margin within the beef system
- Identify relevant physical and financial comparisons to a beef system
- Calculating Gross Margin of beef systems
- Calculating breakeven price of beef system
- Ask key questions when assessing profit margins and benchmarking
Students Notes for this Unit
Word Version
Interactive Activities
Gross Margin
Grazed grassland costs
Fixed costs
Fixed costs 2
Enterprise costs
Breakeven costs
MarketingData
