Enter the total feedlot revenue ($), the total feedlot costs ($), and the number of heads in feedlot into the calculator to determine the Feedlot Profit Per Head.
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Feedlot Profit Per Head Formula
The following formula is used to calculate the Feedlot Profit Per Head.
FP = (FR – FC) / #H
- Where FP is the Feedlot Profit Per Head ($/head)
- FR is the total feedlot revenue ($)
- FC is the total feedlot costs ($)
- #H is the number of heads in feedlot
How to Calculate Feedlot Profit Per Head?
The following example problems outline how to calculate Feedlot Profit Per Head.
Example Problem #1
- First, determine the total feedlot revenue ($). In this example, the total feedlot revenue ($) is given as 60 .
- Next, determine the total feedlot costs ($). For this problem, the total feedlot costs ($) is given as 20 .
- Next, determine the number of heads in feedlot. In this case, the number of heads in feedlot is found to be 10.
- Finally, calculate the Feedlot Profit Per Head using the formula above:
FP = (FR – FC) / #H
Inserting the values from above yields:
FP = (6000 – 200) / 10 = 580 ($/head)
Example Problem #2
The variables needed for this problem are provided below:
total feedlot revenue ($) = 1000
total feedlot costs ($) = 400
number of heads in feedlot = 50
Entering these values and solving gives:
FP = (1000 – 40) / 50= 19.2 ($/head)
