Geranium Flats Example

Greenhouse Costs of Production Budget

(Geraniums-Flats Example)

SALES VALUE	Per Crop	Per Unit
	$49,000	$10.00
DIRECT COSTS
Seed and Plants	$7,920	$1.58
Pots and Containers	$2,900	$0.58
Growing Medium	$2,750	$0.55
Fertilizer and Chemicals	$235	$0.05
Labor	$3,385	$0.68
Tags	$823	$0.16
Other Direct Costs	$0	$0.00
TOTAL DIRECT COSTS	$18,013	$3.60
OVERHEAD COSTS	$28,467	$5.69
Loss of Unsold Plants		$0.19
NET PROFIT	$2,520	$0.50

ASSUMPTIONS
Crop Units Started	5,000
Square Feet per Unit	1.64
Weeks-to-Grow	13
Greenhouse Size (sq.ft.)	20,000

These Greenhouse Costs of Production Budget were designed by Dr. Robin G. Brumfield, Specialist in Management, Rutgers, The State University of New Jersey at New Brunswick. The budgets were formatted using HTML exclusively for Rutgers Cooperative Extension and USDA Risk Management Agency (RMA).