THE COST OF GROWING APPLES 



barrel of apples ? We venture to say that very 

 few persons do. Because of the large Invest- 

 ment both in fixed and In working capital It Is 

 most Important to know these costs. More- 

 over an accurate knowledge of the financial con- 

 ditions and facts In any business Is of first Im- 

 portance to Intelligent management. For these 

 reasons every grower ought to keep careful rec- 

 ords of the cost and Income from each field or 

 orchard every year In order to determine as 

 accurately as possible what his crops have cost 

 him per unit and per acre and what rate of 

 Interest he has realized on his Investment. As 

 farming becomes more Intensive competition 

 increases, costs multiply, and the margin of 

 profit on any given unit becomes smaller. It 

 therefore becomes Increasingly necessary to 

 have accurate records on the cost of produc- 

 tion. 



Factors in the Cost of Production. — 

 The value of records depends on their 

 accuracy and on their completeness. There 

 are a great many factors which enter 

 Into the cost of production. For convenience 

 these may be classified as cash costs and labor 

 costs. Labor charges should Include the work 

 of both men and teams at a rate determined 



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