4. Chapter

Chapter 4: Procedural costs – Opportunity costs

4.1:  Procedural costs – Opportunity costs

 

Comparative costs are:
  1. Procedural costs + increases/ reductions due to subsequent costs
  2. Yield losses due to suboptimal processing are costs
  3. Comparative costs always occur due to yield losses
  4. Labor costs + machinery costs


 4.2.1:   Procedural costs "Precision Mulch Seed Drill" (PMSD)
               basic data for the machinery cost (part 1a)

 
  

This course will help you to ....
  1. make business decisions the right way
  2. be able to substantiate business decisions

 

 4.2.2:  Procedural costs PMSD - Part 1b-  solution

 
 

The area of usage for the precision mulch seed drill per year in this example is ........

a. 207 ha
b. 200 ha
c. 167 ha
d. 187 ha


 4.2.3:  Procedural costs PMSD - Part 2a-  solution

 

Calculate the machinery costs of the precision mulch seed drill per hectare per year.
The machinery costs per hectare and year are ..............
a.  105.76 EUR / ha

b.  7 5.76 EUR / ha
c.    95.76 EUR / ha
d.   52.76 EUR / ha

 
4.2.4:  Procedural costs PMSD - Part 2b-  solution

 
 

For the calculation of procedural costs, we need the following data
(Please select)
  1. Labor requirements during sowing
  2. Variable machinery costs for the tractor per hectare and hour
  3. Wage claim per hectare and hour
  4. Total costs of the seed drill per hectare

 

 4.3.1:    Procedural costs mulcher, Example 1a

 
 

Based on the data given in the instructional video please calculate the machinery costs for the mulcher per year

A.  2310 EUR / year
B.  2210 EUR / year
C.  2110 EUR / year
D. 2010 EUR / year

 

 4.3.2:  Procedural costs mulcher, Example 1b - solution

 
 

The area of usage for the mulcher in this example, each year is ........

A.   60 ha
B.  270 ha
C.  180 ha
D.   90 ha

 
4.3.3:  Procedural costs mulcher, Example 2a

 
  

Based on the data shown in the example, calculate the costs for mulching per hectare and year

A.   84.70 EUR / ha
B.  114.70 EUR / ha
C.   24.55 EUR / ha
D.   54.70 EUR / ha

 4.3.4:  Procedural costs mulcher, Example 2b- solution

 
 

The wage claim per year for mulching in this example is ........

A.    545 EUR / year
B.  1145 EUR / year
C.    945 EUR / year
D.    745 EUR / year

 

 4.4:  Discussion of the results

 
 

The procedural costs depend on .......
  1. the extent of use
  2. Wages of temporary external laborers
  3. the field-to-farm distance
  4. labor costs
  5. the working width of the drill
  6. Wages / costs of permanent external workers
  7. the opportunity costs for permanent family workers (Akh)
  8. the wage claim
  9. the machinery costs