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				2000 YELLOW PERCH PRODUCTION BUDGET 1
				17 Acre Lake - Cage Culture
				50,000 pounds - 170,000 fish
	ITEM				EXPLANATION		PRICE PER UNIT			TOTAL		YOUR BUDGET
RECEIPTS
	Yellow Perch 2				50000	lb.	$3.00	/lb.		$150,000
					170068
VARIABLE  COSTS
	Fingerlings 3				195,578	fish	0.20	/fish		39116
	Feed 4				100,000	lb.	0.29	/lb.		29000
	Chemicals 5						30	/cage		1500
	Electricity 6				6070	hours	0.085	/kWh		516
	Labor 7		210	days	16	hr/day	7.50	/hr		25200
	Building Cages 8				1000	hours	7.50			1500
	Miscellaneous									1000
	Ice				0.2	lb./fish	0.10	/lb.		3401
	Hauling				100	miles	0.50	/mile		50
	Interest on Operating Cap.				7	mos.	9%			2568
TOTAL VARIABLE COSTS						-Per Pond				103851
						-Per Pound				2.08
FIXED COSTS
	Operator Labor 7				200	hours	7.50	/hour		1500
	Cages 9			$200	150	cages	20%			6000
	Aerator 10			$750	10	aerators	17%			1275
	Containers 11			$10	250	containers	20%			500
	Pickup Truck 12			$25,000	100%	use on enterprise	20%			5000
	Other equipment									600
	Management Charge 13						5%	of gross		7500
TOTAL FIXED COSTS										22375
TOTAL COSTS						-Per Pond				126226
						-Per Pound				2.52
RETURN ABOVE VARIABLE COSTS										46149
RETURN ABOVE TOTAL COSTS										23774
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1	Assumes cages are anchored near the shore.  A dock/and or boat should be included if cages
		are not anchored near shore.
2	Fish harvested at 0.29 lb.
3	4" fingerlings purchased. 15% death loss assumed, therefore 195,578 fingerlings purchased for
		170,000 fish harvested.
4	Based on feed conversion rate of 2.0.
5	Chemical cost is based on typical use.  Cost may be higher or lower depending on severity of disease problems
		in fish population.
6	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
7	Hired hourly labor is considered a variable cost.  Salary and operator/family labor is considered a fixed cost.
8	Cages must be assembles prior to use.  Cages will typically last 5 years.  Labor cost is therefore
		pro-rated over 5 years.
9	4' x 4' x 8' cages purchased for $200.  20% charge includes depreciation, interest, taxes, repairs, and insurance.
10	1hp aerators purchased for $750 and expensed at 17%.
11	Containers for transporting fish after harvesting.
12	Pickup truck used for hauling fish and supplies.  100% costs charged to enterprise.
13	Management charge is an opportunity costs for operator's management skills.