CHAPTER X 



APPLICATION AND USE OP FORMULA 



The costs and credits incident to milk production may now 

 be summarized. Under the conditions stated for each item, 

 which include a particular size and kind of cow, producing 

 8,500 pounds of 4 per cent milk with feeds at stated prices, 

 with the system of management given, and with a good barn 

 well equipped for the production of high-grade milk, cost 

 records will show the following as actual costs in the production 

 of milk: 



Total Cost. 



1. Feed $7S.2t) 



2. Labor 27.00 



3. Buildings 8.24 



4. Cattle 9.21 



5. Bedding 3.25 



6. Sire 3-Si 



7. Miscellaneous expenses 24.25 $150.75 



Credits. 



1. Calves $ 3.00 



2. Manure 20.00 23.00 



Net cost per cow per year $127.75 



The average standard of production of these cows is as- 

 sumed as 8,500 pounds per year, which was also the average 

 production of the 985 Guernsey cows used in the Wisconsin 

 test, upon which the data in this study are based. Figuring 

 2.15 pounds to the quart, the production is 3,441 quarts. 

 Thus the cost of production per quart is about 3! cents. The 

 cost of 100 pounds, therefore, is $1.50. The Sheffield farms, 

 Slawson-Decker Company, New York,^ perhaps the largest 

 independent milk company in the United States, recently an- 

 nounced its price schedule for milk as follows: 



' New York Produce Renew, American Creamery, p. 975. 



