450 



FARM MANAGEMENT 



7. EQUIPMENT 1911 



Jan. 



Inventory summary 

 Total oil, gasoline, repairs, and new equip- 

 ment for year, here summarized to 

 save space 



Use of buildings 8 



161 man hours @ 2\\ 14 



33 horse hours @ 13 11 



Interest on average inventory $850.77 

 @ 5% 13 



Gain 



The cost of equipment for the year 

 was $238.79, of which $12.48 was 

 charged to the labor and horse ac- 

 counts. The remaining charge is 

 divided among the different enter- 



E rises in proportion to the number of 

 orse hours of work. 

 Aside from the work for labor and 

 horses and equipment there were 5831 

 hours of work costing $226.31 , or 3^ 

 per hour. For principles involved see 

 page 486. 



723 



396 

 15 

 34 



42 

 1216 



80 



27 



62 



29 



J54 

 52 

 07 



1217 



