9
					2000 YELLOW PERCH PRODUCTION BUDGET
					1/3 Acre Pond - Pond Culture
					1000 pounds - 3000 fish
	ITEM				EXPLANATION		PRICE PER UNIT			TOTAL			YOUR BUDGET
RECEIPTS
	Yellow Perch 1				1000	lb.	$3.00	/lb.		$3,000
					3030
VARIABLE  COSTS
	Fingerlings 2				3,182	fish	0.20	/fish		636
	Feed 3				1800	lb.	0.40	/lb.		720
	Chemicals 4						60	/acre		20
	Electricity 5				607	hours	0.085	/kWh		26
	Labor 6		210	days	0.75	hr/day	7.5	/hr		1181
	Miscellaneous									40
	Ice				0.2	lb./fish	0.10	/lb.		61
	Hauling				100	miles	0.50	/mile		50
	Interest on Operating Cap.				7	mos.	9%			69
TOTAL VARIABLE COSTS						-Per Pond				2803
						-Per Pound				2.80
FIXED COSTS
	Operator Labor 6				22	hours	7.50	/hour		165
	Ponds 7			$9,000			15%			1350
	Aerator 8			$450	1	aerator	17%			77
	Containers 9			$10	5	containers	20%			10
	Pickup Truck 10			$25,000	10%	use on enterprise	20%			500
	Seine Net			$500	1	net	20%			100
	Other equipment									65
	Management Charge 11						5%	of gross		150
TOTAL FIXED COSTS										2417
TOTAL COSTS						-Per Pond				5219
						-Per Pound				5.22
RETURN ABOVE VARIABLE COSTS										197
RETURN ABOVE TOTAL COSTS										(2219)
													10
1	Fish harvested at 0.33 lb.
2	5% death loss assumed, therefore 3182 fingerlings purchased for 3000 fish harvested.
3	Based on feed conversion rate of 1.8.
4	Chemical cost is based on typical use.  Cost may be higher or lower depending on severity of disease problems
		in fish population.
5	Aerators run six hours/day in June, July, & August plus 10% special aeration needs.
		10 aerators used in operation.  Electricity use = 1 kW per 1 hp/hr of aeration
6	Hired hourly labor is considered a variable cost.  Salary and operator/family labor is considered a fixed cost.
7	Pond constructed for $9000.  15% charge includes depreciation, interest, taxes, repairs, and insurance.
		Pond assumed to have 20 year useful life.
8	1/2 hp aerator purchased for $450 and expensed at 17%.
9	Containers for transporting fish after harvesting.
10	Pickup truck used for hauling fish and supplies.  10% costs charged to enterprise.
11	Management charge is an opportunity costs for operator's management skills.