FARM MANAGEMENT 341 



for it, or, if he does the work himself, he is entitled to wages. 

 With a little thought, one can determine about the amount 

 of time required each day to care for any class of Uve stock; 

 and, by multiplying the amount by the number of days in 

 the month, can get the amount of work done in the month. 

 Cost of shelter is not so easy to determine; yet it is an 

 actual cost against the live stock. An easy way to get 

 the approximate cost for shelter, is to find out the value 

 of the building or part of the building in which the stock 

 is kept, then figure 8% of this value as the annual cost of 

 shelter. The 8% will allow for interest, insurance, taxes, 

 repairs and depreciation. 

 Questions: 



1. What will add an interest to caring for stock? 



2. What are the main charges to be made against live stock? 



3. Explain each charge. 

 Arithmetic: 



1. On Jan. 1st, 1914, a barn is worth $1,000. On Jan. 1st, 1915, 

 it is worth $950. How much has it depreciated in value? How 

 long will it last, if it depreciates the same amount each year? 



2. If a $50 cow lives ten years, what is her annual depreciation? 



3. If a bam that shelters 40 head of stock costs $2,000, how 

 much is the annual cost of shelter, if one figures 8% on value of barn? 

 How much is the annual cost of shelter per animal? 



AN ACCOUNT WITH A COW 



Actual Figures. — To simplify the account with the 

 dairy stock and to illustrate what any boy may do at home 

 with some cow he is milking and caring for, we will use a 

 record which shows the average results per cow for a year 

 in a herd of 14 cows of which an accurate record was kept. 



A Business Statement Showing the Cost and Inconfe of One Cow 

 for the Year 1908. Dr. Cr. 



Int. on investment at 6% $ 2.40 



Value of grain fed 10.46 



Value of roughage fed 12.29 



Value of pasturage 5.00 



Cost of labor 23.28 



Cost of shelter 3.20 



Miscellaneous expense 1.50 



Net profit 43 



Income for year ^ $58.56 



$58.56 $58.56 

 (Note. — The 43c. net profit was obtained by deducting the sum 

 of the seven items of expense, $58.13, from the $58.56 income.) 



