Not affiliated with the US Social Security Administration

Costs of Production

Excerpted from "Social Security Handbook". See the up-to-date, official Social Security Handbook at ssa.gov.

1227. Costs of Production

1227.1 What expenses are included in costs of production?

Costs of production include expenses that relate directly to the production of the commodity, such as feed, seed, plants, fertilizer, fuel, machinery repair, pesticides and other supplies.

1227.2 What expenses are not included in costs of production?

Living expenses paid by the landlord for the tenants; overhead expenses such as taxes, depreciation, etc.; and the value of the labor furnished by the tenant cannot be counted in figuring the costs of production.

Last Revised: March, 2001


Sponsored Links

Ads

Ads

Not affiliated with the US Social Security Administration