Variable Costs and Enterprise Budgets
This AgroBrief deals with variable costs and enterprise budgets. This is a small, basic subject of farm accounting that can be used as a means for both planning and evaluating performance of activities on a farm. After describing the basics of farm economics (1) and enterprises (2) methods of calculating a crop budget (3) and a livestock budget (4) are given. The document is concluded with a short discussion on the use of enterprise budgets.