Table 22: Costs and Returns for Cranberries, Per Acre

ITEM	UNIT	PRICE	QUANTITY	TOTAL

Receipts
Cranberries	bbls		0	$ -

Variable Costs
Fertilizer
N	lb	$ 1.20	35	$ 42.00
P	lb	$ 0.50	60	$ 30.00
K	lb	$ 0.54	90	$ 48.60
Bog Preparation
Land Clearing	per acre	$ 3,400.00	1	$ 3,400.00
ADS underdrains	ft	$ 0.50	1450	$ 725.00
Aerial Applications	per appl	$ 13.00	5	$ 65.00
Vapam	gal	$ 4.25	70	$ 297.50
Labor
Operator	hours	$ 14.48	9	$ 130.32
Regular Hired	hours	$ 10.13	4	$ 40.52
Seasonal Hired (planting cuttings)	hours	$ 7.24	120	$ 868.80
Seasonal Hired (weeding new vines)	hours	$ 7.24	15	$ 108.60
Plants
Rooted Cuttings	each	$ 0.05	45,000	$ 2,250.00
Fuel & Oil
Fuel & Oil	acre	$ 46.00	1	$ 46.00
Repair & Maintenance
Machinery and equipment	acre	$ 50.00	1	$ 50.00
Supplies	acre	$ 32.00	1	$ 32.00
Irrigation
Irrigation installation	acre	$ 2,000.00	1	$ 2,000.00
Operating Costs	acre	$ 200.00	1	$ 200.00
Miscellaneous
Utilities	acre	$ 50.00	1	$ 50.00
Sub Total				$ 10,384.34
Interest on Operating Capital^a	acre	10%	1	$ 519.22
Total Variable Costs	acre		1	$ 10,903.56
Returns above Variable Costs	acre		1	$ (10,903.56)
Fixed Costs
Equipment	acre	$ 200.00	1	$ 200.00
Buildings	acre	$ 100.00	1	$ 100.00
Bog land rent	acre	$ 250.00	1	$ 250.00
Total Fixed Costs	acre		1	$ 550.00
Total Fixed & Variable Costs	acre		1	$ 11,453.56
Management Fees^a	acre	7%	1	$ 794.75
Total Costs	acre		1	$ 12,248.31
Net Returns	acre		1	$ (12,248.31)

^a See text for calculation assumptions.