Net revenue is the difference between the total revenue and total cost of production while marginal revenue is the extra income obtained from the sale of one additional unit of output.
Kavungya answered the question on October 4, 2019 at 09:43
- Explain six reasons for pruning coffee(Solved)
Explain six reasons for pruning coffee
Date posted: October 4, 2019. Answers (1)
- The diagram below shows a maize stalk infected by a certain pest .Study it and answer the questions that follow .
i) Identify the pest
ii)...(Solved)
The diagram below shows a maize stalk infected by a certain pest .Study it and answer the questions that follow .
i) Identify the pest
ii) Apart from maize, name another crop attacked by the pest named above
iii) Give three cultural measures that can be applied to control the pest
Date posted: October 4, 2019. Answers (1)
- The following information was obtained from the records of Mr Juma’s farm for the year ended on 31st march 2011
Particulars ...(Solved)
The following information was obtained from the records of Mr Juma’s farm for the year ended on 31st march 2011
Particulars kshs
Opening Valuation 100,000
Calves 72,000
Hired Labour 21,000
Sales of milk 13,000
Sales of cereals 33,000
Rent 9,000
Feed 5,300
Seed 1,700
Fertilizers 4,700
Sales of Vegetables 9,300
Sales of poultry 1,800
Sales of fruits 700
Pesticides 1,250
Depreciation 650
Repair and Maintenance 950
Interest on loans 200
Closing Valuation 9,0000
a)using the information given above , prepare a profit and loss account for Mr Juma’s farm for the year ended 31st March
b)Giving a reason, State whether Mr. Juma’s farm made a profit or loss
Date posted: October 4, 2019. Answers (1)
- Give two examples of farm records that are general in nature (Solved)
Give two examples of farm records that are general in nature
Date posted: October 4, 2019. Answers (1)
- Give four management practice that promote high herbage yields in pasture production (Solved)
Give four management practice that promote high herbage yields in pasture production
Date posted: October 4, 2019. Answers (1)
- Give two examples for each of the following types of cost incurred in broiler production .
a)Variable cost
b)fixed cost (Solved)
Give two examples for each of the following types of cost incurred in broiler production .
a)Variable cost
b)fixed cost
Date posted: October 4, 2019. Answers (1)
- The table below illustrates the relationship between land in hectares , inputs (DAP) fertilizers and total maize production in 90kg bags , and the marginal production...(Solved)
The table below illustrates the relationship between land in hectares , inputs (DAP) fertilizers and total maize production in 90kg bags , and the marginal production in 90 Kg maize bags.
Fill in the column of marginal production in 90Kg bags of maize
Date posted: October 3, 2019. Answers (1)
- The school farm plans to grow either Irish potatoes or Maize for grains. Study the following information carefully then answer the questions that follow:
Irish potatoes
i)Yield...(Solved)
The school farm plans to grow either Irish potatoes or Maize for grains. Study the following information carefully then answer the questions that follow:
Irish potatoes
i)Yield per hectare–5000kg
ii)Labour requirement par ha.–60 man-days
iii)Labour cost –150/= per man-day
iv)Potato seed/ ha –6000/=
v)Cost of tractor hire/ ha for cultivation –4000/=
vi)Cost of DAP fertilizer/ ha–3500/=
vii)Selling price of potatoes.–10/= per kg
viii)Cost of fungicides/ha -4,000/=
Maize:
i). Yield per hectare-5,500kg
ii)Selling price of maize-15/=per kg
iii)Labour requirement/ha–50/= per man – day
iv)Labour cost -150/= per man- day
v)Tractor hire/ha for cultivation-3000/=
vi)Cost of seed per ha: -2500/=
vii)Cost of DAP fertilizer/ha -4,500/=
viii)Cost of CAN/ ha –3000/=
Calculate gross margin for the two crops (show your working)
Date posted: October 3, 2019. Answers (1)
- The following information was extracted from Mr. Njeru’s farm record on 31/12/2013. Use the information below to answer the questions.
...(Solved)
The following information was extracted from Mr. Njeru’s farm record on 31/12/2013. Use the information below to answer the questions.
Shs.
5 year bank Loan 400,000
1 year loan with AFC 200,000
Creditors 45,000
Unpaid wages 25,000
Land 600,000
Building 420,000
Dairy Cattle 150,000
Dairy Meals 15,000
Cash in hand 34,000
(a)Prepare a balance sheet of Mr Njeru’s farm.
(b)Was Mr. Njerus business solvent or insolvent.
Date posted: October 3, 2019. Answers (1)
- The following information was extracted from Kabuni farm for the month ended January 2009. Study it and use it to answer the questions that follow.01/01/09...(Solved)
The following information was extracted from Kabuni farm for the month ended January 2009. Study it and use it to answer the questions that follow.
01/01/09 Cash in hand 30000.00
05/01/09 Livestock sales 80000.00
08/01/09 Crop sales 50000.00
15/01/09 Bought seed for planting 7500.00
20/01/09 Paid KFA for fertilizer 16400.00
30/01/09 Bought livestock feed 50000.00
31/01/09 Received cash for milk delivery 120000.00 to KCC
31/01/09 Paid transport charges for milk 9000.00 delivery
Prepare:
A cash analysis for the farm
Date posted: October 3, 2019. Answers (1)
- A farmer has 150 ha of arable land, 55 of which is under wheat, 30 ha under maize, 10ha under pasture. She wishes to know...(Solved)
A farmer has 150 ha of arable land, 55 of which is under wheat, 30 ha under maize, 10ha under pasture. She wishes to know whether replacing 12 ha of maize with Irish potato the following year would be worthwhile. The fertilizer rates would have to be increased from 5 bags per ha. For Irish potatoes and extra 100 man – days of casual labour per ha will be necessary as a result of change.
The average yield of maize and Irish potatoes is 40 bags and 110 bags /ha respectively. The prices are Sh. 1,300 per bag for maize and Sh. 1,100 per bag for Irish potatoes. Seed costs are 2,400 per ha for maize and 25,000 per ha for Irish potatoes. Fertilizer costs are 1,300 per bag labour is paid Sh. 150 per man day. Draw up a partial budget and indicate the effects of the change.
Date posted: October 3, 2019. Answers (1)
- The following is a farm record which was extracted from Kaimosi Tea Estate Farm as at 31st December 2013. Study it carefully and answer the...(Solved)
The following is a farm record which was extracted from Kaimosi Tea Estate Farm as at 31st December 2013. Study it carefully and answer the questions that follow.
Ksh
Cash at hand 20,000
Cash at bank 66,000
Buildings 50,000
Disc ploughs 16,000
Debtors 16,000
Working tools 12,000
Bank overdraft 24,000
Creditors 20,000
Farm loan 50,000
Cattle 40,000
Land 80,000
a) State two benefits of the balance sheet to the Kaimosi Tea Estate
b) Prepare the balance sheet from the above information for Kaimosi Tea Estate.
Date posted: October 3, 2019. Answers (1)
- Study the following information which was extracted from Mr. Apala’s farm records on 31 – 12 – 2012, and answer the question below.
Prepare a balance...(Solved)
Study the following information which was extracted from Mr. Apala’s farm records on 31 – 12 – 2012, and answer the question below.
Prepare a balance sheet for Mr. Apala’s farm using the information above.
Date posted: October 3, 2019. Answers (1)
- Give a term used to mean a market condition where
(i)There is a sole seller
(ii)There is a sole buyer(Solved)
Give a term used to mean a market condition where
(i)There is a sole seller
(ii)There is a sole buyer
Date posted: October 3, 2019. Answers (1)
- Below is a graph showing the relationship between demand and supply in price determination.
(i)Identify curves X and Y
(ii)What name is given to the point where...(Solved)
Below is a graph showing the relationship between demand and supply in price determination.
(i)Identify curves X and Y
(ii)What name is given to the point where curves X and Y intersect,
iii) Give a reason why curve X slopes downwards from left to right.
Date posted: October 3, 2019. Answers (1)
- State four functions of the Agricultural Development Corporation (ADC).(Solved)
State four functions of the Agricultural Development Corporation (ADC).
Date posted: October 3, 2019. Answers (1)
- The illustrations below show techniques of harvesting Agroforestry trees. Study them carefully and answer the questions that follow.
a)Identify the harvesting techniques illustrated by :-
A
B
C
b)Explain how...(Solved)
The illustrations below show techniques of harvesting Agroforestry trees. Study them carefully and answer the questions that follow.
a)Identify the harvesting techniques illustrated by :-
A
B
C
b)Explain how technique C is carried out
Date posted: October 3, 2019. Answers (1)
- Describe the management practices that should be carried out on trees after transplanting In agroforestry(Solved)
Describe the management practices that should be carried out on trees after transplanting In agroforestry
Date posted: October 3, 2019. Answers (1)
- Name two forms of Agroforestry.(Solved)
Name two forms of Agroforestry.
Date posted: October 3, 2019. Answers (1)
- Give two practices in crop production that constitute organic farming(Solved)
Give two practices in crop production that constitute organic farming
Date posted: October 3, 2019. Answers (1)