Difference between revisions of "Fixed Costs"
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The fixed cost table will also include annual depreciation (derived from '''Depreciation''' page), fixed water costs and fixed electricity costs (both entered in sections below). These costs will all be totalled to calculate the total fixed costs. There is also a reference cost displayed for total tractor and irrigation labour. | The fixed cost table will also include annual depreciation (derived from '''Depreciation''' page), fixed water costs and fixed electricity costs (both entered in sections below). These costs will all be totalled to calculate the total fixed costs. There is also a reference cost displayed for total tractor and irrigation labour. | ||
==== Water | ==== Fixed Water Charges ==== | ||
Add water costs by entering: | Add water costs by entering: | ||
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# Press the submit button and it will show the total of fixed water costs below. | # Press the submit button and it will show the total of fixed water costs below. | ||
File:Fixed Cost.png|1000px|frameless|left]] | |||
Revision as of 01:25, 28 January 2022
This page is used to sum all of the fixed costs, including the cost of insurance, land rates, accounting fees, and building and vehicle repairs and maintenance, and more.
‘Fixed Yearly Labour’ should also be added here and users should check the amount of ‘Total Casual Labour’ costs below the table for guidance and to ensure no double counting (machinery or irrigation labour costs may have already been included). A step-by-step guide to entering Fixed Costs and Water costs is below.
Fixed Costs
Add each of the fixed costs by clicking on the ‘Add Fixed Cost’ button and:
- Selecting the type of fixed cost you are adding (e.g. Insurance);
- Entering the name of the fixed cost (e.g. Farm property insurance);
- Entering the annual cost (e.g. $10,000/year).
The fixed cost table will also include annual depreciation (derived from Depreciation page), fixed water costs and fixed electricity costs (both entered in sections below). These costs will all be totalled to calculate the total fixed costs. There is also a reference cost displayed for total tractor and irrigation labour.
Fixed Water Charges
Add water costs by entering:
- Water costs if paid on a per hectare basis ($/hectare). For example, Burdekin Delta users would enter their water costs here but subtract the portion paid by the miller (e.g. $82/ha), while BRIA users would enter $0 and enter their water costs in the following entry cells;
- The total water allocation for the farm if water is paid on a per megalitre basis (e.g. 800 megalitres = 8 ML X 100 hectares);
- Part A and C water costs if water is paid on a per megalitre basis. For example, Burdekin BRIA (or BHWSS) users would enter their fixed part A and C water costs here (e.g. $3.5 + $39 = $42.5/ML), while Delta users would enter $0;
- Part B and D water costs if water is paid on a per megalitre basis. For example, Burdekin BRIA (or BHWSS) users would enter their variable part B and D water costs here (e.g. $0.5 + $29.5 = $30/ML), while Delta users would enter $0.
- Press the submit button and it will show the total of fixed water costs below.
File:Fixed Cost.png|1000px|frameless|left]]