# GROSS MARGIN FOR BIGGER SCOMBER (Scomber japonctactus)

THE GROSS MARGIN FOR BIGGER SCOMBER (Scomber japonctactus)

The results of the analysis of gross margin for Bigger Scomber (Scomber japonctatus) is presented below

Variable cost
Amount
Cost of fish
1,152,000
Transportation
19,200
Rent
5760
Miscellaneous
4800
Total variable cost (TVC)
1,181,760

Gross revenue

Revenue for selling
1,680,000
Scomber (Bigger size)

Total Revenue (TR)
1,680,000

Fixed
500
Knife
2000
Bags table
1,100
Total fixed cost (TFC)
4100
Source: field survey, December 2014

The result from table 10, shows that variable cost were calculated as follows: cost of fish N1, 152,000, Transportation N19, 200, Rent N5760, and miscellaneous N4800 and a total variable cost (TVC) as N1, 181,760. The result shows also that gross revenue were calculated as revenue from selling Bigger sizes of iced scomber which gives a total revenue (TR) of N1,680,000 and fixed cost as cost of knife N500, cost of Bags N2500, and cost of table N1,100 which give a total fixed cost as N4100.

From the above result, gross margin (GM) were calculated as follows: total revenue (TR) N1,680,000 minus total variable cost (TVC) 1,181,760 which gives (498,240). Therefore, the result obtained from table to shows that, the profit (π) for selling Bigger iced scomber (scomber japoctatus) gives,  gross margin (Gm) N498,240 Minus Total Fixed cost (TFC) 4100 as N94,140.

Net profit the result obtained from table to shows that, the net profit (π) for Bigger sizes of scomber gives N494,140.

THE GROSS MARGIN FOR SMALL SIZE SCOMBER (Scomber japonctatus) TABLE 11

The result the analysis of gross margin for small size scomber (scomber japontactus) is presented below.

Variable cost
Amount
Cost of fish
912,000
Transport
17,280
Rent
5760
Miscellaneous
17,280
Total variable cost (TVC)
935,337

Gross Revenue

Revenue for selling
1,272,000
Small size scomber

Total Revenue (TR)
1,272,000

Fixed cost

Knife
450
Bags table
2000
Total fixed cost (TFC)
3550
Source: field survey, December, 2014.

The result obtained from table 11, shows that variable cost were computed follows cost of fish N 912,000, Transportation N17,280, Rent N5760, and miscellaneous N17, 280 and  the total variable cost (TVC) given N935, 337. The results from the gross revenue were computed as revenue selling small size iced scomber (Scomber japontactus) as N1, 272,000 and total Revenue as N1, 100 and the total fixed cost (TFC) N3,550.

The result obtained from the total Revenue TR and Total Variable cost (TVC) were used to get the cross margin which is Total Revenue (TR) 1, 272,000 minus Total variable cost TVC N935,337 as 336,663. Profit (π) were computed thus gross margin (GM) N336, 663 minus total fixed cost (TFC) N3550 as N333,113 therefore, the results obtained from this table shows that net profit (π) for selling of Bigger sizes of iced scomber (Scomber japantatus) as N333,113.