Cost of Milk Production and Break Even Analysis of Member and Non Member of Dairy Cooperative Society for Milch Animals (Cow & Buffalo) in District Etawah of U.P.
8 Pages Posted: 19 Jun 2014 Last revised: 29 Jun 2016
Date Written: June 18, 2014
This study covered 150 cooperative member milk producers and 150 non-member milk producers which were post-stratified into Landless, Marginal, small, medium and large herd size categories. Break-even point is a point where no profit no loss status achieved where MR=MC. In this study break-even point analysis was done to estimate the minimum quantity milk to be produced to cover the total cost on all categories (members and nonmembers) of households of milch animals (Cow and Buffalo). And also in this study the researchers have find out the Total cost of milk production per liter for member and non member categories. This study is helpful to find out the total cost of milk production in all categories as well as members and nonmembers of dairy cooperative society are able to find out the break-even point of the whole business.
Keywords: Breakeven Point (BEP); Marginal cost; Marginal Return; Cost of Milk; Milk Production; Dairy Cooperative Society.
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