difference between cost of cultivation and cost of production
Answers
Answer:
Explanation:Production costs reflect all of the expenses associated with a company conducting its business while manufacturing costs represent only the expenses necessary to make the product. Both of these figures are used to evaluate the total expenses of operating a manufacturing business.
Answer:
Cost of cultivation:
Cost of cultivation refers to the total expenses incurred in cultivating one hectare of pineapple. The cost of cultivation is worked out by input wise and operation wise together with their percentage to the total.
Cost of production:
Cost of production is the dollar value of all your inputs for growing a specific crop. For example, to produce an acre of tomatoes, these inputs would include so many units of seed, fertiliser, irrigation water, labour and machinery time, etc. Add them up, and you have the cost of production for the crop.
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