Egg+Production+Homework

Answer the Questions below. Use them in your assessment to gain a higher level in your answers to explain in detail why farmer giles is Happy on Saturday morning. Use the numbers to add detail. To complete your homework either bring in the sheet completed, post your results onto the Melior Forum or send them to the text number for the Geography department phone.

Put your first name and the First letter of your surname e.g.: John Smith will be John S

Information from http://www.johnbowler.co.uk/FRANCHISEE/returns.php


 * **Potential Returns.** ||   ||
 * This information is designed to give you a rough idea of the money that can be earned from becoming a John Bowler Free Range Producer. ||


 * **Free Range Egg Production:** ||
 * Income from Egg Sales = £21.29 (per bird per flock)

Expenditure on Feed & Pullets = £12.57 (per bird per flock)
 * Profit Per Bird = £8.72 ** 

The margin is after pullet & feed costs only. Labour and other costs may be different ||
 * Profit per acre = **£3488 **(400 birds per acre)**

 The New Armoured Discovery** ||

__Close Window__

 ** Discovery 3 TDV6 GS 09MY **

 **Questions (5 merits for completion on paper brought in, on text message or Melior MLE forum site)**
 * ===** TYPICAL ADVANCE PAYMENT PLAN EXAMPLE **=== ||
 * On the road Cash Price || £30,190.00  ||
 * Initial Payment (How much to pay) || £19,561.00  ||
 * Amount of Credit (money) to borrow || £10,629.00  ||
 * Term (months) || 24  ||
 * Purchase Fee* || £0.00  ||
 * Total Charge for Credit || £0.00  ||
 * Total Amount Payable by customer || £30,190.00  ||
 * Mileage Charge in excess of 24,000 miles || 12p per mile  ||
 * || Typical  0% APR  ||

Farmer Giles has 2 acres of land. How much profit does he get if all the land is full with chickens? (Clue: profit per acre) 3488x2=6976

Farmer Giles decided last year to double his egg production. How much profit does he make now? 6976x2= 13952 Find the initial payment in the table. Luckily Farmer Giles has half of the initial payment saved up. How much money does he have in total now? 9780.50 + 13952 = 23732.50 (Clue: Add the profit and his savings)

Find the on-the road price of his dream Land Rover. How much of the 'on the road price' does Farmer Giles have left to pay? 6457.50


 * Extra Questions

Farmer Giles receives 50 new Birds. They make the profit shown above. What is the profit in the first year? 8.72x50=436

What is this as a percentage of his borrowing above? (Clue: Divide this number by the amount left to pay.) 436/6457.50 = 6.7%

**Hard! (10 merits for the right answers)

How would all the numbers above change if Farmer Giles put 300 birds per acre.