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QUIZ - CORE 3

The document consists of a quiz with multiple-choice questions related to financial concepts in agricultural production, specifically white corn. It includes assumptions for white corn production in Liliw, Laguna, detailing costs associated with various activities, materials, and other expenses, along with financing breakdowns. Additionally, it lists business forms for financial recording and financial reports that leaders should present to their cluster.

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Thats Mhie
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0% found this document useful (0 votes)
4 views

QUIZ - CORE 3

The document consists of a quiz with multiple-choice questions related to financial concepts in agricultural production, specifically white corn. It includes assumptions for white corn production in Liliw, Laguna, detailing costs associated with various activities, materials, and other expenses, along with financing breakdowns. Additionally, it lists business forms for financial recording and financial reports that leaders should present to their cluster.

Uploaded by

Thats Mhie
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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QUIZ – CORE 3

Multiple Choice.
Choose the best answer.
1. Is the minimum product quantity to cover the total cost:
Income per kilogram
Breakeven yield
Breakeven cost
Return on investment

2. Is a measure of the income per unit cost


Income per kilogram
Breakeven yield
Breakeven cost
Return on investment

3. Is a measure of net income per kilogram of yield


Income per kilogram
Breakeven yield
Breakeven cost
Return on investment

4. Is the cost to produce a unit of the product


Income per kilogram
Breakeven yield
Breakeven cost
Return on investment

Enumeration
Five (5) Business Forms that Clusters use for Financial Recording*
5 points
1. Receiving form
2. Delivery form
3. Sales invoice
4. Sales and costs
5. Income report

Three (3) Financial reports that Leaders should present to their cluster
*
3 points
1. income statement
2. balance sheet
3. statement of cash flows

✅ Assumptions for White Corn Production Problem:


1. Crop: White Corn
2. Cluster location: Liliw, Laguna
3. Module description: White Corn Production for 1 hectare
4. Date: March 2025
5. Area: 1 hectare
6. Number of plants: 25,000 plants
7. Planting distance: 70 cm x 25 cm
Activity/Labor Costs Assumptions:
Nursery setup
1. Nursery area: 50 sq. m
2. Cost per square meter: ₱50
3. 60% of the cost is financed by a loan; 40% is paid by the farmer
Land Preparation
1. Plowing cost: ₱3,000 per hectare (Loan: 67%, Farmer: 33%)
2. Harrowing cost: ₱2,000 per hectare (Loan: 75%, Farmer: 25%)
3. Bed preparation cost: ₱1,500 per hectare (Loan: 67%, Farmer: 33%)
4. Manure/lime spreading cost: ₱25 per kg for 50 kg (Loan: 60%, Farmer: 40%)
Transplanting
1. Labor rate: ₱500 per person-day for 4 days
2. 75% of the cost is financed; 25% is paid by the farmer
Fertilization
1. Basal and side dress fertilization cost: ₱50 per kg for 20 kg each
2. 80% of the cost is financed; 20% is paid by the farmer
Spraying
1. Cost per application: ₱250
2. 80% of the cost is financed; 20% is paid by the farmer
Weeding
1. Labor rate: ₱500 per day for 4 days
2. 75% of the cost is financed; 25% is paid by the farmer
Irrigation/Watering
1. Labor rate: ₱500 per day for 3 days
2. 67% of the cost is financed; 33% is paid by the farmer

Hilling Up
1. Labor rate: ₱500 per day for 2 days
2. 70% of the cost is financed; 30% is paid by the farmer
Staking/Tying
1. Labor rate: ₱500 per day for 2 days
2. 80% of the cost is financed; 20% is paid by the farmer
Harvesting and Packing
1. Labor rate: ₱500 per day for 5 days
2. 80% of the cost is financed; 20% is paid by the farmer
Hauling
1. Labor rate: ₱500 per day for 3 days
2. 67% of the cost is financed; 33% is paid by the farmer

Materials Cost Assumptions:


Seeding Tray
1. Cost per tray: ₱100 for 5 trays
2. 80% of the cost is financed; 20% is paid by the farmer
Seeds
1. Cost per kg: ₱250 for 20 kg
2. 80% of the cost is financed; 20% is paid by the farmer
Fertilizers
1. Urea: ₱60 per kg for 20 kg – 83% financed, 17% by the farmer
2. Ammonium Sulfate: ₱50 per kg for 20 kg – 80% financed, 20% by the
farmer
3. Complete (14-14-14): ₱70 per kg for 20 kg – 86% financed, 14% by
the farmer
Insecticides & Fungicides
1. Lambda-cyhalothrin: ₱500 per liter – 80% financed, 20% by the
farmer
2. Mancozeb: ₱300 per kg for 2 kg – 83% financed, 17% by the farmer
3. Cypermethrin: ₱400 per liter – 75% financed, 25% by the farmer
Crates
1. Cost per crate: ₱100 for 10 crates
2. 80% of the cost is financed; 20% is paid by the farmer

Other Costs Assumptions:


Coop - market facilitation fee
1. ₱1 per kg for 2,000 kg yield
2. 75% of the cost is financed; 25% is paid by the farmer
Loan Interest
1. 10% of the loan amount – 80% financed, 20% by the farmer
Land Rental
1. ₱10,000 per hectare
2. 70% of the cost is financed; 30% is paid by the farmer

Given the above assumptions, compute the total financed amount and
the farmer’s counterpart for each activity, material, and other costs. Then, calculate the total production cost for
the white corn production.

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