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UPV Theses and Dissertations

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    Cost and return analysis of van operation in the Municipality of Miag-ao, Iloilo
    Alvizo, Marjorie V.; Laura, Cecille R. (Division of Social Sciences, College of Arts and Sciences, University of the Philippines Visayas, 2003-03)
    Generally, this study aimed to evaluate or assess the profitability of van operation in Miag-ao, Iloilo. It specifically dealt with the cost and return structures of the said business. The study was conducted in the municipality of Miag-ao, which is one of the towns in the province of Iloilo. There were 11 respondents who are all van operators and at the same time members of the Miag-ao Association of Van Owners and Drivers, Inc. (MAVAD). Two of them owned or operate two vans, so in the data presented there were 13 vans. A one-shot survey using recall method was used as a source of data. An interview schedule was also utilized in gathering the needed data for the study. In analyzing the data, frequency distribution, percentage, ranking and weighted mean were employed. Likewise, cost and return analysis was used to determine the profitability of the van operation. Results of the study showed that almost half of the respondents have an age range of 30-40 years. Majority (73%) of them were males and already married. All van operators earned college degrees and have well-paying jobs. Roman Catholic was the dominant religion and most of them have or belong to medium family size. The cost and return analysis of the study showed that the average initial investment in the van operation was P 238,000. The total annual operating cost was P 434,366. Forty nine percent of it was paid for the salaries and allowances of the laborers. The annual gross revenue was P 505,210 with a net income (or pure economic profit) of P 70,844. Rate of return on investment was 30% and it will take 3.4 years for the business to recover its initial capital outlay. Based on the results presented, with positive net profit and gross revenue it is profitable to engage in this business venture.
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    Economics of copra production in selected barangays of Buenavista, Guimaras
    Aranda, Odessa T. (Division of Social Sciences, College of Art and Sciences, University of the Philippines Visayas, 1996-11)
    This paper provides a background and baseline information on the prevailing profile of copra production and profitability with the use of thirty-five producers based in Buenavista, Guimaras. This study also gave an overview on the problems encountered by copra producers and provided recommendations for the improvement of the local copra industry. Costs and returns analysis showed that average costs in copra production was P9.14/kg. Of the average costs, average fixed costs, average variable costs, and opportunity costs accounted for .33%, 26.59%, and 73.08%, respectively. Average fixed costs was P.03/kg where a third (33.33%) can be attributed to depreciation costs (P.02/kg). As to the average variable costs of the respondents, P2.43/kg was incurred which was primarily attributed by cost of hired labor (P89.71). Opportunity costs/kg for all producers was P6.68. The major opportunity costs (81.44%) was the implicit cost of coconuts. Average revenue was P9.43/kg. As a whole, the respondents gained P6.97/kg financial profit. Meanwhile, gross profit was P7.00 for all respondents. Copra producers in Buenavista, Guimaras earned a positive P0.29/kg economic profit. Payback period of 4.56 years, 7.30% return on investment, and 11.93% return on variable costs were other measures used to deterimine profitability in copra production.