ABSTRACT
This study investigated the
cost-volume-profit analysis scale farmers in Bende Local Government Area of
Abia State. The survey aimed among other things at computing the gross margin
(net income) of the two-rice production system namely Swamp and Upland systems.
Information on variable inputs and outputs as well as socio economic factors
such as age, sex, level of participation of rice farmers in the study area and
cost and return associated with the farm operations were collected with
structured questionnaire. Data collected were analyzed using statistical
techniques such as percentage, mean and gross margin (net income) analysis and
marginal rate of returns determined over 2008 and 2009 cropping seasons. The
result revealed that both system of rice production were profitable. Change in
net income (Gross margins) of swamp of rice production was 11,4 7.60, with a
marginal rate of return of 1.08 per hectare (ha), while the change in net
income of the upland rice production was 1,511.96 with a marginal rate of
return of 0.11 per hectare (ha) between 2008 and 2009 cropping seasons in Bende
Local Government Area. Constrains to rice production include poor state of
road, high cost of labour and inaccessibility to investment fund among others.
In light of these problems, recommendations were proffered to include increase
in services with special teaching programs for rice farmers and conduct such
training programmes in the farmers' domain. The farmers are also advised to
remain committed to their entrepreneurial spirit by reforming cooperative
societies. Government and non-Governmental organization (NGOs) should support
these societies and provide the necessary inputs needed in rice production.
ONYENEMERE, C (2021). Cost-Volume-Profit (CVP) Analysis Of Rice Production In Nigeria (A Case Study Of Rice Mill In Bende, Abia State). Mouau.afribary.org: Retrieved Nov 01, 2024, from https://repository.mouau.edu.ng/work/view/cost-volume-profit-cvp-analysis-of-rice-production-in-nigeria-a-case-study-of-rice-mill-in-bende-abia-state-7-2
CHRISTIANA, ONYENEMERE. "Cost-Volume-Profit (CVP) Analysis Of Rice Production In Nigeria (A Case Study Of Rice Mill In Bende, Abia State)" Mouau.afribary.org. Mouau.afribary.org, 13 Aug. 2021, https://repository.mouau.edu.ng/work/view/cost-volume-profit-cvp-analysis-of-rice-production-in-nigeria-a-case-study-of-rice-mill-in-bende-abia-state-7-2. Accessed 01 Nov. 2024.
CHRISTIANA, ONYENEMERE. "Cost-Volume-Profit (CVP) Analysis Of Rice Production In Nigeria (A Case Study Of Rice Mill In Bende, Abia State)". Mouau.afribary.org, Mouau.afribary.org, 13 Aug. 2021. Web. 01 Nov. 2024. < https://repository.mouau.edu.ng/work/view/cost-volume-profit-cvp-analysis-of-rice-production-in-nigeria-a-case-study-of-rice-mill-in-bende-abia-state-7-2 >.
CHRISTIANA, ONYENEMERE. "Cost-Volume-Profit (CVP) Analysis Of Rice Production In Nigeria (A Case Study Of Rice Mill In Bende, Abia State)" Mouau.afribary.org (2021). Accessed 01 Nov. 2024. https://repository.mouau.edu.ng/work/view/cost-volume-profit-cvp-analysis-of-rice-production-in-nigeria-a-case-study-of-rice-mill-in-bende-abia-state-7-2