Print

Print


If anyone is interested, I have worked through this exercise myself and my
findings are:

 


Additional Costs

Year 1

Year 2

Year 3


Total Costs from Above

208.33

233.33

308.33


Number of Eggs Produced by TWO chickens

624

624

624


Additional Average Cost per Egg

£0.3339

£0.3739

£0.4941


Food Costs s per Egg per the BBC

£0.0350

£0.0350

£0.0350


Total Average Cost per Egg

£0.3689

£0.4089

£0.5291

 

SWITCH to HTML format to read the table properly.

 

So, I demonstrate that it costs more to keep your own chickens than it does
to buy from the supermarket. I also mention some of the opportunity costs.

 

I reveal that I can buy fresh large eggs for 10 pence each in Oxford!

 

Finally, I discuss the qualitative factors of keeping the chickens

 

Not such a silly question as you might have thought! There’s definitely a
very useful half lesson here for accountants, business students and
economists.

 

 

Duncan Williamson

 

 

Alright, here you are: forget the AQA, OCR and Edexcel case study analyses
for a few minutes and get to grips with a couple of chickens.

 

If you would like to incorporate management accounting with a touch of The
Good Life, the environment, GreanPeace, Friends of the Earth and the rest
take a look at this page and then answer the question that follows:

 

http://news.bbc.co.uk/1/hi/magazine/3714733.stm

 

Stroll down to the Chickenomics graphic that is followed by a short series
of numbers and calculations.

 

Required: the answer provided by the BBC is wrong: suggest the correct
answer. (10 marks … or for AQA, 150 marks)

 

Time to fly the coop and begin to sort out the web site: regular visitors be
prepared for www.duncanwil.co.uk <http://www.duncanwil.co.uk/>  to suffer a
possible short loss as I migrate from one ISP to another.

 

 

Duncan Williamson

 

PS forgive the dig at AQA but I couldn’t resist: I was going to develop it
even further but resisted the temptation!