Cost Return Analysis of Cocoyam Production at NRCRI, Umudike
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.
|Date of creation:||Mar 2006|
|Date of revision:|
|Publication status:||Published in Agricultural Society of Nigeria 41 (2007): pp. 511-513|
|Contact details of provider:|| Postal: Ludwigstraße 33, D-80539 Munich, Germany|
Web page: https://mpra.ub.uni-muenchen.de
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