USE OF ACCOUNTING INFORMATION FOR DECISION MAKING OF MAIZE FARMERS GROUP

Abstract

Maize is an economic plant that is important to the animal feed industry. There is information on the decision to operate efficiently. The research aimed study to accounting information cost and return of maize cultivation from a sample of 67 farmers using Convenience Sampling method. Results from the analysis revealed that small farms (area 1-19 rai) total cost was 4,411.58 baht per rai, equivalent to 4.29 baht per kilogram fixed cost was 544.87 baht per rai. The average variable cost was 3,866.71 baht per rai or 3.76 baht per kilogram. The return information with an average yield of 1,029.00 kilograms per rai with an average income of 5,885.88 baht per rai and a net profit of 1,474.30 baht per rai. Medium-sized farms (20-39 rai) had total production cost at 4,232.44 baht per rai, equivalent to 3.69 baht per kg fixed cost at 114.09 baht per rai with average variable cost of 4,118.35 baht per rai, equivalent to 3.59 baht per kilogram. Return information with an average yield of 1,146.97 kilograms per rai, with an average income of 6,732.71 baht per rai and a net profit of 2,500.27 baht per rai. And large fields (over 40 rai) total production cost was 3,835.79 baht per rai, equivalent to 3.35 baht per kilogram fixed cost at 73.35 baht per rai with average variable cost of 3,762.31 baht per rai, equivalent to 3.29 baht per kilogram. Return information with an average yield of 1,144.39 kilograms per rai with an average income of 7,610.19 baht per rai and a net profit of 3,774.40 baht per rai In addition, the data can be found for further profit planning: small-scale breakeven point per rai equal to 277.67 kilograms of rai, medium size break-even point per rai equal to 50.05 kg rai, and large, break-even point per rai equal to 21.81 kg.