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Determine the estimated change in income

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    Assignment ID: FG133051088

    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.

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