Outline the factors a farmer would consider before selecting a farm enterprise to undertake22/8/2021 Outline the factors a farmer would consider before selecting a farm enterprise to undertake. (10 marks)Factors considered before selecting a farm enterprise
b) The farm manager of Kilimo farm made the following purchases in December 2004. -Seeds and fertilizers 2,500/= -disc plough 80,000/= -Fuel 5,000/= -Poultry feeds 4,500/= and -Cattle drugs 2,000 During the year the farm sold maize to Njoro girls for 20,000; milk processor for Shs. 40,000. Kilimo farm also expected Shs. 8,000 from a prominent neighbouring farmer for ploughing the land. The opening valuation was Shs. 50,000 and closing valuation Shs. 80,000. Using the information provided above, prepare Profit and Loss account for Kilimo farm. (10 marks) Profit and loss a/c of Kilimo farm for the year 31st December 2004 Award 1 mark for correct: title, purchase and sales, correct total: 1 x 3 = 3 marks
Award ½ mark for any correct entry ½ x 10 = 5mks
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Reasons why a farmer should diversify his farm enterprises
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