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Cost Return Analysis of Cocoyam Production at NRCRI, Umudike

Listed author(s):
  • Okoye, B.C
  • Asumugha, G.N
  • Mbanaso, E.N.A

A cost return analysis of cocoyam production at the National Root Crops Research Institute Umudike showed that the enterprise is profitable. Labour constituted about 50% of total variable cost of production, which is the most important resource in cocoyam enterprise. A hectare cost of cocoyam production was N140, 114 while total revenue was N257, 400 and net return was N117, 286. The study showed that small-holder cocoyam enterprise is profitable by returning N1.27 for every N1.00 spent.

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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 17363.

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Date of creation: Mar 2006
Publication status: Published in Agricultural Society of Nigeria 41 (2007): pp. 511-513
Handle: RePEc:pra:mprapa:17363
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