Abstract

The cost of operating tractors in three different farms was investigated. Data were collected for six years on a total of112 tractors. The data was categorized into different costs constituting cost of operating tractors such as repair andmaintenance; fuel and lubricants; operator’s wages; interest; insurance, taxes and shelter costs. Different formulaewere used to analyze these operating costs. The results showed that Farm 1 has the highest values while Farm 2 hasthe lowest. It can be concluded that the cost of operating tractors in small scale farm (10 ha) on the annual averageis N84, 0000; N110, 000 in the large scale farm (50ha) and N712, 000 in the industrial scale farm (200ha).

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.