scholarly journals Economic-financial analysis of the use of biscuit bran as an energy alternative in diets for confined lambs

2021 ◽  
Vol 42 (2) ◽  
pp. 781-794
Author(s):  
Luiza de Nazaré Carneiro Silva ◽  
◽  
Aline Vieira Landim ◽  
Hélio Henrique Araújo Costa ◽  
Wilder Hernando Ortiz Vega ◽  
...  
Keyword(s):  
Net Present Value ◽  
Financial Analysis ◽  
Market Price ◽  
Production Costs ◽  
Sensitivity Analyses ◽  
Net Income ◽  
Labor Costs ◽  
Rates Of Return ◽  
Total Productivity ◽  
Sheep Production

The objective of this study was to evaluate the economic and financial viability of replacing corn with biscuit bran (BB) in diets for Morada Nova lambs in feedlot. Twenty lambs confined with initial body weight of 17.00 ± 3.74 kg were used, arranged in four treatments, diet without biscuit bran (BB) and diets containing 15, 30 or 45% of biscuit bran in place of corn in the diet. Data, expenses and revenues of the activity were obtained during the period of January 2020 in the municipality of Sobral, Ceará. The economic and financial evaluation was carried out descriptively, using Excel® spreadsheets. In the scenarios evaluated, feeding, animal acquisition and labor costs were the items that most contributed to production costs. The highest food costs were observed in the system that used 15% of BB, representing about 32.86% of the total costs. The simulation for sheep production provided revenue higher than the production costs in all diets tested, resulting in positive economic indicators. On the other hand, although the system that uses diet without biscuit bran provides positive revenue, net income was the lowest (R$ 12,117.15 year-1). It was observed that all scenarios had a leveling point higher than 5,000 kg of meat year-1. The total productivity of the factors of all treatments evaluated was higher than 1, which indicates that the activity is stable, presenting high internal rates of return. Similarly, profitability rates are attractive, especially for diets containing BB, where the net present value is higher (R$ 362,143.26). Sensitivity analyses showed that even in the most unfavorable situations, such as a 30% reduction in production and market price, indicators are economically viable. The use of BB does not compromise the economic viability of the diet compared to the diet without BB, they present higher profitability, especially at the level of 15% in the diet.

scholarly journals Financial Analysis of Water Management Practices in Cranberry Production in Quebec, Canada

2021 ◽  
Vol 10 (4) ◽  
pp. 13
Author(s):  
Ana-Maria Bogdan ◽  
Suren Kulshreshtha ◽  
Jean Caron
Keyword(s):  
Real Time ◽  
Management Practices ◽  
Net Present Value ◽  
Financial Analysis ◽  
Global Scale ◽  
Sensitivity Analyses ◽  
Economic Returns ◽  
Bottom Line ◽  
Agricultural Producers ◽  
Climate Change Effects

At a global scale, Canada is the second largest cranberry producer, with Quebec being the largest producing region within Canada. Efficient water use in agricultural production has long been a topic of outmost importance to agricultural producers, and governing bodies. The immediacy of climate change effects sped up the need to find solutions that conserve water. One such promising technology is irrigation using real-time tensiometers, which provides rapidly critical irrigation needs information to producers. Adoption of improved technologies by farmers is dependent on the effect it has on the farms’ bottom line. In this study, we examine the financial performance of real-time tensiometer based irrigation, and compare it to evaporation needs based irrigation (baseline), in the context of a Quebec-based cranberry farm. Our findings show that irrigating using real-time tensiometers technology generated higher economic returns. With a net present value of $96,847, this technology increased returns by nearly 53% compared to the baseline technology. Subsequent sensitivity analyses confirmed the robustness of these findings, even when changing important farming parameters.

scholarly journals ANALISIS PERBANDINGAN PERHITUNGAN HARGA POKOK PRODUKSI MENGGUNAKAN METODE FULL COSTING DAN VARIABLE COSTING UNTUK MENENTUKAN LABA BERSIH PT. BHASKARA MADYA JAYA

2020 ◽  
Vol 1 (1) ◽  
pp. 212-218
Author(s):  
Nia Agustin Pratama ◽  
Teguh Purwanto
Keyword(s):  
Raw Materials ◽  
Production Costs ◽  
Raw Material ◽  
Fixed Costs ◽  
Net Income ◽  
Labor Costs ◽  
Net Profit ◽  
Operational Activities ◽  
Data Collection Technique ◽  
The Cost

With the addition of profits, the company can pay all costs that are sacrificed, so that the company's operational activities are guaranteed and can run well. The problems examined in this study are intended to find out how the comparison of recording costs using the full costing method and variable costing affects the net profit of PT Bhaskara Madya Jaya. Both of these methods simultaneously involve raw materials, direct labor costs and factory overhead costs. What distinguishes the full costing method using fixed factory overhead loads and variable, if the variable costing only adds to the variable overhead load. Production costs that are not included in the raw material and direct labor costs are the overhead of the manufacturing plant itself. Descriptive method with a quantitative approach is the model of this research. With the use of saturated sampling. Documentation is a data collection technique that researchers use. The results of the study and details obtained by comparing the full costing method and variable costing. In detailing the cost of production, the full costing method produced a greater than the costing variable, this is due to the full costing method adding all the elements of costs, variable costs or fixed costs . Then from the results of the breakdown of net income, using the full costing method, the nominal profit is found to be far less than using the variable costing method.

scholarly journals CORRESPONDENCE ANALYSIS PADA HUBUNGAN FAKTOR-FAKTOR YANG MEMPENGARUHI PENDAPATAN PETANI KOPI PAGARALAM

2021 ◽  
Vol 15 (1) ◽  
pp. 179-192
Author(s):  
Irmeilyana Irmeilyana ◽  
Ngudiantoro Ngudiantoro ◽  
Desty Rodiah
Keyword(s):  
Correspondence Analysis ◽  
Crop Production ◽  
Market Price ◽  
Production Costs ◽  
Primary Data ◽  
Net Income ◽  
Land Productivity ◽  
Coffee Beans ◽  
Coffee Farmers ◽  
Coffee Farming

Pagaralam is one of the coffee-producing districts in South Sumatra (Sum-Sel). Pagaralam coffee farming is a hereditary business, where the majority of land processing is still traditional. This is related to working capital and farmers' income. This study aims to analyze the factors that affect the income of Pagaralam coffee farmers by using correspondence analysis. There are 30 variables or factors studied. Each variable is divided into several categories. The categories of each variable are described graphically with the categories of income variable. Primary data were obtained from 196 respondents who were selected based on purposive sampling technique. There are 13 factors that affect the income of respondents, namely: number of dependents, number of trees, age of the trees, number of female workers from outside the family, frequency of fertilization, frequency of herbicide application, production of harvest, production outside of harvest, gross income, minimum price of coffee beans, the maximum price of coffee beans, economic status and land productivity. There are 8 of the 13 factors that predominantly characterize the profile of net income level of Pagaralam coffee farmers.  In general, the factor that must be considered in coffee farming is land productivity which is also related to production costs in land processing and crop production, as well as external factors regarding the market price of coffee.

scholarly journals THE EFFICIENCY OF CULTIVATING CROWN FLAX, WINTER WHEAT, FOXTAIL MILLETIN STUBBLE FIELD, AND FIELD PEA UNDER ADAPTIVE SYSTEM OF BASIC TILLAGE OF ORDINARY CHERNOZEM

2021 ◽  
pp. 15-22
Author(s):  
V.S. Polous ◽  
◽  
S.N. Osaulenko ◽  
Keyword(s):  
Winter Wheat ◽  
Soil Fertility ◽  
Crop Rotation ◽  
Field Pea ◽  
Direct Seeding ◽  
Production Costs ◽  
Ordinary Chernozem ◽  
Net Income ◽  
Labor Costs ◽  
No Till

The development of resource-saving tillage and direct seeding technologies (no-till) of field crops end up making a profit when it is based on the results of research and practice but this is not the case in all regions. Taking this into account, in the central zone of the Krasnodar Region in the permanent crop rotation from 2013 through 2018, we studied the integrated effect of plowing (22-24 cm -the control), surface tillage (6-8 cm) and zero tillage (herbicide treatment) and the crop in the rotation on the economic efficiency of production and elements of soil fertility. The average annual air temperature in the area is +12.1°C; the precipitation amount is 614 mm. The soil is represented by ordinary chernozem; humus amount in the arable layer makes 3.8%; P2O5-22-28 mg kg of soil; K2O -350-380 mg kg of soil (according to B.P. Machigin). The accounting area of the plots amounted to 5000 m2; fourfold plot replica-tion; threefold temporal replication. The crops were sown with the Rapid600 seeder with fertilizer application. Pesti-cides and growth promoters were used. The crops were harvested with a Claas Tucano combine harvester. It was found that the tillage variants affected the yields of crown flax, winter wheat,foxtail millet in stubble field, and field pea; and also changed the production costs and the condi-tional net income for crops and the course of the crop rota-tion. Under direct seeding technology, the conditional net income for the course of the crop rotation made 58.6 thou-sand rubles per ha; fuel consumption -127 kg ha and labor costs -16.98 man-hours per ha which was by 5%, 43% and 11%, respectively, less than those in the control. Sur-face tillage also had an advantage in terms of these indica-tors. Moldboard plowing reduced the intensity of organic matter accumulation 1.5-1.2 times as compared to direct seeding (no-till) and surface tillage. The cultivation of 4 crops in a course of the crop rotation for 3 agricultural years stabilizes economic indicators and soil fertility. The developed technologies for crop optimization in a rotation (the crops in constant demand by the market); adaptive methods of basic tillage; preservation of soil fertility may be used by land users with similar soil and climatic conditions.

scholarly journals Pengaruh Pengendalian Biaya Produksi Terhadap Produktivitas Perusahaan Pada PT. XYZ

2019 ◽  
Vol 2 (4) ◽  
Author(s):  
Rizki Alfi
Keyword(s):  
Production Costs ◽  
Labor Costs ◽  
Regression Methods ◽  
Simultaneous Test ◽  
Productivity Data ◽  
Control Production ◽  
Total Productivity ◽  
Cost Of Materials ◽  
The Cost ◽  
And Control

PT. XYZ merupakan perusahaan sarung tangan karet terbesar di Sumatra Utara.Permasalahan yang dihadapi oleh PT. XYZ adalah pengendalian biaya produksi yang dilakukan pada saat ini dilihat kurang begitu baik. Hal ini diamati dari realisasi biaya produksi pada PT. XYZ terjadi ketidak stabilan ketika jumlah produksinya sedikit biaya tenaga kerja yang keluar lebih besar dibandingkan dengan bulan lainnya yang memproduksi dengan jumlah banyak, hal yang sama juga terjadi pada biaya bahan material dan biaya overhead pabrik. Tujuan dari penelitian ini adalah untuk mengetahui produktivitas perusahaan pada PT. XYZ dan untuk mengetahui pengaruh pengendalian biaya produksi terhadap produktivitas perusahaan.Analisis data menggunakan metode regresi linier berganda untuk melihat biaya mana dari komponen biaya produksi yang paling berpengaruh. Hasil penelitian menunjukkan produktivitas pada PT. XYZ dengan menggunakan produktivitas total didapat hasil produktivitas tertinggi dan terendah pada bulan Januari dan Maret sebesar 99,46% dan 98,45% hal ini menunjukkan produktivitas pada perusahaan tergolong baik, hanya saja kurang stabil serta berdasarkan uji serempak (Uji F) dan Uji parsial (Uji t) yang dilakukan biaya produksi mempunyai pengaruh terhadap jumlah produksi/produktivitas perusahaan. Disarankan kepada pihak PT. XYZ untuk lebih memperhatikan produktivitas perusahaan serta melakukan pengendalian biaya produksi dengan lebih efektif.   PT. XYZ is the largest rubber glove company in North Sumatra. The problems faced by PT. XYZ is the control of production costs which is done at this time is seen not so good. This was observed from the realization of production costs at PT. XYZ occurs instability when the amount of production is small, the labor costs that come out are greater than other months that produce in large quantities, the same thing also happens to the cost of materials and factory overhead costs. The purpose of this study was to determine the company's productivity at PT. XYZ and to determine the effect of controlling production costs on company productivity. Data analysis uses multiple linear regression methods to see which costs are the most influential components of production costs. The results showed productivity at PT. XYZ by using total productivity obtained the highest and lowest productivity results in January and March of 99.46% and 98.45%, this shows the productivity of the company is quite good, it's just less stable and based on simultaneous test (F test) and partial test (T test) conducted production costs have an influence on the amount of production / productivity of the company. It is recommended to PT. XYZ to pay more attention to company productivity and control production costs more effectively.

scholarly journals FINANCIAL ANALYSIS OF ENRICHMENT MODEL USING TIMBER AND NON-TIMBER PRODUCTS OF SECONDARY REMNANTS IN THE ATLANTIC FOREST

2018 ◽  
Vol 42 (6) ◽  
Author(s):  
Thais Ferreira Maier ◽  
Rubens de Miranda Benini ◽  
Cristina Fachini ◽  
Paulo José Alves de Santana
Keyword(s):  
Rural Areas ◽  
Net Present Value ◽  
Financial Analysis ◽  
Cost Ratio ◽  
Timber Species ◽  
Labor Costs ◽  
Benefit Cost Ratio ◽  
Forest Remnants ◽  
Timber Products ◽  
Benefit Cost

ABSTRACT Socio-economic aspects can limit the expansion of ecological restoration. One alternative to address this question is the development of restoration models that generate income to farmers in addition to the benefits from conservation itself. We designed and implemented the initiative "Sustenta A Mata," a project developed by The Nature Conservancy and supported by the Brazilian Development Bank (BNDES), to generate economic and social benefits for the communities involved. This study aims to analyze the financial viability of the enrichment restoration initiative in forest remnants based on a 30 year projection. The project was implemented on 17 hectares of land that included timber and non-timber species with a focus on the Juçara Palm (Euterpe edulis Mart.) for the production of fruit. Estimated earnings come from both the production of timber and juçara fruits. We considered input, equipment and labor costs for implementation, maintenance, and harvesting. For the economic analysis we used the following criteria: Net Present Value (NPV); Return on Investment (ROI); Benefit/Cost Ratio (B/C), and Payback. From these indicators the following values were obtained as results: US$4,040.80 of NPV, 13 percent of ROI, 1.59 of B/C and a 13-year Payback. These positive results for the aforementioned indicators reveal that the use of the enrichment restoration initiatives utilized in this project may contribute to the economic viability of the endeavor, contributing to a greater sustainability in rural areas.

scholarly journals ANALISIS PENDAPATAN PETERNAKAN AYAM BURAS YANG DI PELIHARA SECARA EXTENSIF DI KECAMATAN DIMEMBE

ZOOTEC ◽  
2019 ◽  
Vol 40 (1) ◽  
pp. 160
Author(s):  
Rahmat Yarbo ◽  
E Wantasen ◽  
A H.S Salendu ◽  
P O.V Waleleng
Keyword(s):  
Quantitative Analysis ◽  
Production Costs ◽  
Net Income ◽  
Labor Costs ◽  
Independent Variables ◽  
Free Range ◽  
Native Chicken ◽  
Regression Techniques ◽  
Chicken Farm ◽  
Feed Costs

ABSTRACTINCOME ANALYSIS OF NATIVE CHICKEN FARMING RAISED  EXTENSIVELY IN DIMEMBE SUBDISTRICT. The goal of this research were to investigate the income on the business of domestic poultry that is maintained extensively and to determine the factors that influence it. The study was conducted by using survey and interview methods based on a list of questions toward 80 respondents of native chicken farmers in  Dimembe Sub District. Data analysis were descriptive and quantitative analysis. Quantitative analysis was done by  using multiple regression techniques of the Cobb-Douglass model. The results showed that the average net income from selling free-range chickens, which is Rp. 2.780.471,875 /year / breeder. The results of the regression analysis showed that altogether the independent variables influenced the income of farmers as much as 73.1%. Partially the independent variables that significantly influence farmers 'income (P<0,05) were labor costs and farmers' perceptions  while feed costs drug and vitamin costs and the cage cost were not significantly effect on  breeder’s income from native chicken farming (P> 0.05)  Production costs of a locally-grown free-range chicken farm are mostly used to buy feed.

What's Happening to Profits at Cazenovia Creations?

2013 ◽  
Vol 8 (1) ◽  
pp. 24-29 ◽  
Author(s):  
Margaret Garnsey ◽  
Andrea Hotaling
Keyword(s):  
Financial Analysis ◽  
Financial Statements ◽  
Internal Controls ◽  
Net Income ◽  
Database Query ◽  
Microsoft Access ◽  
Level Data ◽  
Query Tool ◽  
Transaction Level

ABSTRACT In this case, students assume the role of an accounting professional asked by a client to investigate why net income is not as strong as expected. The students must first analyze a set of financial statements to identify areas of possible concern. After determining the areas to investigate, the students use a database query tool to see if they can determine causes by examining transaction level data. Finally, the students are asked to professionally communicate their findings and recommendations to their client. The case provides students with experience in using query-based approaches to answering business questions. It is appropriate for students with basic query and financial analysis skills and knowledge of internal controls. A Microsoft Access database with transaction details for the final seven months of the current year as well as financial statements for the current and prior year are provided.

SELISIH BIAYA PRODUKSI SEBAGAI ALAT PENGENDALIAN MANAJEMEN PT INDO PUSAKA BERAU

2019 ◽  
Vol 3 (02) ◽  
pp. 397
Author(s):  
SAFITRI NURHIDAYATI ◽  
RIZKI AMELYA SYAM
Keyword(s):  
Raw Materials ◽  
Field Research ◽  
Analytical Tool ◽  
Production Costs ◽  
Raw Material ◽  
Labor Costs ◽  
Material Costs ◽  
Library Research ◽  
The Difference ◽  
The Cost

This study aims to analyze whether the difference that occurs in the cost of raw materials, direct labor, and factory overhead costs between the standard costs and the actual costs in PLTU LATI is a difference that is favorable or unfavorable. Data collection techniques with field research and library research. The analytical tool used is the analysis of the difference in raw material costs, the difference in direct labor costs and the difference in factory overhead costs. The hypothesis in this study is that the difference allegedly occurs in the cost of raw materials, direct labor costs, and factory overhead costs at PT Indo Pusaka Berau Tanjung Redeb is a favorable difference. The results showed that the difference in the cost of producing MWh electricity at PT Indo Pusaka Berau Tanjung Redeb in 2018, namely the difference in the price of raw material costs Rp. 548,029.80, - is favorable, the difference in quantity of raw materials is Rp. 957,216,602, - is (favorable) , the difference in direct labor costs Rp 2,602,642,084, - is (unfavorable), and the difference in factory overhead costs Rp 8,807,051,422, - is (favorable) This shows that the difference in the overall production cost budget is favorable or profitable. This beneficial difference shows that the company is really able to reduce production costs optimally in 2018.  

scholarly journals Economic Analysis of the Use of VCS2000 for Pork Carcass Meat Yield Grading in Korea

Animals ◽  
2021 ◽  
Vol 11 (5) ◽  
pp. 1297
Author(s):  
Juntae Kim ◽  
Hyo-Dong Han ◽  
Wang Yeol Lee ◽  
Collins Wakholi ◽  
Jayoung Lee ◽  
...  
Keyword(s):  
Economic Analysis ◽  
Net Present Value ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Feed Consumption ◽  
Cost Ratio ◽  
Benefit Analysis ◽  
Labor Costs ◽  
Meat Yield ◽  
The Cost

Currently, the pork industry is incorporating in-line automation with the aim of increasing the slaughtered pork carcass throughput while monitoring quality and safety. In Korea, 21 parameters (such as back-fat thickness and carcass weight) are used for quality grading of pork carcasses. Recently, the VCS2000 system—an automatic meat yield grading machine system—was introduced to enhance grading efficiency and therefore increase pork carcass production. The VCS2000 system is able to predict pork carcass yield based on image analysis. This study also conducted an economic analysis of the system using a cost—benefit analysis. The subsection items of the cost-benefit analysis considered were net present value (NPV), internal rate of return (IRR), and benefit/cost ratio (BC ratio), and each method was verified through sensitivity analysis. For our analysis, the benefits were grouped into three categories: the benefits of reducing labor costs, the benefits of improving meat yield production, and the benefits of reducing pig feed consumption through optimization. The cost-benefit analysis of the system resulted in an NPV of approximately 615.6 million Korean won, an IRR of 13.52%, and a B/C ratio of 1.65.

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