CRD 07-17
Table 22. Estimated average cost and earnings for full-time and seasonal lobster
businesses in LCMA 2 for calendar year 2005 |
| |
Full-time |
Fall/Winter Season |
Summer Season |
| No Sternman |
Sternman |
No Sternman |
No Sternman |
| Gross
Revenue |
44,524 |
112,206 |
38,562 |
21,627 |
| Sternman
Payment |
NA |
18,666 |
NA |
NA |
| Sternman
Payment % of Gross |
|
17% |
|
|
| Fuel Cost |
5,031 |
10,620 |
3,966 |
2,025 |
| Bait Cost |
5,267 |
12,765 |
3,701 |
685 |
| Fuel
& Bait % of Gross |
23% |
21% |
20% |
13% |
| Insurance
P&I |
2,067 |
3,071 |
1,750 |
956 |
| Net
Return |
14,074 |
35,979 |
11,485 |
7,556 |
| Net
Return % of Gross |
32% |
32% |
30% |
35% |
| Opportunity
Cost of Labor |
36,048 |
36,048 |
18,024 |
18,024 |
| Economic
Return to Capital and Owner Profit |
-21,974 |
-69 |
-6,539 |
-10,469 |
| Economic
Return % of Gross |
-49% |
0% |
-17% |
-48% |
| Proportion
of Businesses with Positive Economic Return to Capital |
4% |
25% |
13% |
10% |
|