| Item | Description | in Dollars | |||
| Depreciation (a) |
Interest (b) |
Ins. & Taxes (c) |
Total | ||
| Land: | Taxes (d) | – | 1,680 | – | 1,680 |
| Subtotal,land | Interest | – | – | 280 | 280 |
| Buildings: | |||||
| Service Building | 2,000 sq.ft. | 2,300 | 2,760 | 920 | 5,980 |
| Concrete Pad mixing | 19.75 cu. yds. | 82 | 99 | 33 | 215 |
| Paving | Driveway, Parking, Aisles, etc. | 1,033 | 1,240 | 413 | 2,686 |
| Greenhouses | Structure, Heating & Cooling equipment | 4,196 | 5,036 | 1,679 | 10,910 |
| Plastic | Double Polyethylene | 2,016 | 242 | 81 | 2,338 |
| Benches (e) | Redwood lathe top; 13,056 sq. ft. | 1,404 | 1,685 | 562 | 3,651 |
| Plumbing | Wells, tanks, pumps | 151 | 181 | 60 | 392 |
| Water mains | 530 | 636 | 212 | 1,379 | |
| Time Clocks | 78 | 47 | 16 | 140 | |
| Leader Tubes | 536 | 161 | 54 | 750 | |
| Wiring | Wiring, receptacles, switches, etc. | 559 | 671 | 224 | 1,453 |
| Subtotal, buildings | 31,855 | ||||
| Machinery and Equipment: | |||||
| Office | 186 | 112 | 37 | 335 | |
| Lunchroom | 109 | 65 | 22 | 196 | |
| Fertilizer equipment | 365 | 153 | 51 | 569 | |
| Spray Equipment | 114 | 48 | 16 | 178 | |
| Miscellaneous spray equip. | 71 | 30 | 10 | 111 | |
| Shop equip. | 370 | 155 | 52 | 577 | |
| Electrical generator | 20 KW, 1 phase | 47 | 57 | 19 | 123 |
| Emergency Heaters | 72 | 30 | 10 | 112 | |
| Fuel Tank | 12,000 gal. | 289 | 347 | 116 | 752 |
| Shade Cloth | 440 | 132 | 44 | 616 | |
| Blackcloth System | 20,000 sq. ft., automated | 6,111 | 2,567 | 856 | 9,534 |
| Internal transportation | Metal carts | 158 | 95 | 32 | 285 |
| Tractor | 30 HP with buckets | 1,315 | 789 | 263 | 2,367 |
| Truck | 14 ft. for pickup/delivery | 1,463 | 615 | 205 | 2,283 |
| Subtotal, Machinery & Equipment | 23,997 | 17,951 | 5,984 | 18,037 | |
| Total: land, buildings, machinery, & equipment | 50,172 | ||||
| General Overhead: | |||||
| Operator Salary | 25,000 | ||||
| Supervisor Salary | 17,000 | ||||
| Utilities | Electricity | 3,466 | |||
| Fuel (L.P. gas) | 5,220 | ||||
| Telephone | 2,400 | ||||
| General Repairs & Maintenance | 3,600 | ||||
| License, dues, etc. | 300 | ||||
| Advertising | 840 | ||||
| Travel & Entertainment | 600 | ||||
| Office Expenses | 360 | ||||
| Professional Fees | 570 | ||||
| Miscellaneous | 570 | ||||
| Insurance: General Health, Workman Compensation, Unemployment | 3,600 | ||||
| Bad Debts | 960 | ||||
| Interest on Average (one-half) overhead | 5,287 | ||||
| Subtotal, Overhead | 69,773 | ||||
| Total annual fixed costs | 119,945 | ||||
Estimated annual fixed costs for a floriculture firm in U.S.D.A. climatic zone 8, Texas, 1992.
(a) Depreciation is estimated by dividing initital cost adjusted fo rsalvage value (zero assumed) by years of useful life.
(b) Interest is estimated at 10% fo the average (1/2) value of building or equipment based on the initial cost adjusted for salvage value.
(c) Insurance and taxes are an estimated cost of 2% of initial cost of the buildings or equipment.
(d) Taxes are estimated at the rate of 2% per year of assessed value (value listed).
(e) Assuming 13,056 sq. ft. of usuable bench space, annual ownership costs equal: $9.19 per sq. ft. per year.
