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Determine the estimated change in income

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Reference no: EM133051088

Question - Determine the estimated change in income as a result of the following:

1. Increasing rate of nitrogen application from 60kg N/ha to 95kg N/ha using Ammosul

a. Ammosul-21% N; P895/bag (50kg/bag)

b. Cost of application= P7.50/kg N

c. Interest rate= 10% of cost of N and labor

d. Harvest increases from 60 cavans to 90 cavans at P800/cavan

d. harvest-thresher share=1/6 of gross harvest

Should you recommend the increase usage of nitrogen fertilizer? Justify answer.

Reference no: EM133051088

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