Feasibility Analysis of Kale Farming in Jawara Farm Surabaya Hydroponic Farm
Journal Title: Journal of Economics, Finance and Management Studies - Year 2023, Vol 6, Issue 05
Abstract
The feasibility of farming is an indicator of the success of a farm. This study aims to determine the economic feasibility of kale commodity farming in JawaRa Farm Surabaya Hydroponic Garden. Data collection was carried out by quantitative descriptive analysis using two approaches: the ratio of revenue to costs (R/C Ratio) and the break-even point (BEP). The results showed that the cultivation of kale commodities was JawaRa Farm Surabaya Hydroponic Garden. Average R/C Ratio 1.112; average BEP receipts Rp.403,937,-; average production BEP 43 kg; and an average BEP price of Rp. 17,993,. If the price of output is greater than the BEP price, then a farm can be said to be feasible to develop. In addition, farm income can be used as a measure in assessing a business's success and become one of the determining factors in the continuity of a business.
Authors and Affiliations
Nisa Hafi Idhoh Fitriana
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