RF-2412 budget
Ibadan Main Farmactive
- Expected revenue Projected
- ₦34,580,000
- Revenue recorded to date
- ₦0
Scenarios
| 5,000 chicks at ₦1,220 | Conservative | Expected | Optimistic |
|---|---|---|---|
| Assumptions | |||
| Mortality | 8.0% | 5.0% | 3.5% |
| Sale weight | 2.30 kg | 2.60 kg | 2.80 kg |
| Selling price / kg | ₦2,800 | ₦2,800 | ₦3,050 |
| Feed / bird placed | 4.5 kg | 4.4 kg | 4.3 kg |
| Feed cost / kg | ₦950 | ₦920 | ₦900 |
| Medication | ₦320,000 | ₦260,000 | ₦240,000 |
| Labour | ₦680,000 | ₦630,000 | ₦630,000 |
| Other costs | ₦650,000 | ₦560,000 | ₦520,000 |
| Forecast Projected | |||
| Birds sold | 4,600 | 4,750 | 4,825 |
| Saleable kg | 10,580 kg | 12,350 kg | 13,510 kg |
| Revenue | ₦29,624,000 | ₦34,580,000 | ₦41,205,500 |
| Total cost | ₦29,125,000 | ₦27,790,000 | ₦26,840,000 |
| Profit | ₦499,000 | ₦6,790,000 | ₦14,365,500 |
| Margin | 1.7% | 19.6% | 34.9% |
| Break-even price / kg | ₦2,753 | ₦2,250 | ₦1,987 |
| Edit scenarios | |||
Budget vs actual
Actual = attributable cost to date: direct batch expenses plus feed consumed (feed purchases are not counted).
| Cost line | Budget (expected) Projected | Actual to date | Variance | Used |
|---|---|---|---|---|
| Chicks | ₦6,100,000 | ₦6,100,000 | ₦0 | 100% |
| Feed (consumed) | ₦20,240,000 | ₦1,753,262 | −₦18,486,738 under | 9% |
| Medication | ₦260,000 | ₦124,000 | −₦136,000 under | 48% |
| Labour | ₦630,000 | ₦0 | −₦630,000 under | 0% |
| Other | ₦560,000 | ₦300,000 | −₦260,000 under | 54% |
| Total | ₦27,790,000 | ₦8,277,262 | −₦19,512,738 under | 30% |