The science behind agriculture routes to tractors

Agricultural mechanisation dates back to the early 1880s, which started with the invention of stainless steel ploughs. The era was called the Lowa phase. Henceforth, this enabled the farmers to transport their food grains to the ends of rail lines in the United States. Further speaking, another event that affected the life of a Lowa farmer was the commercial production of barbed wire. The same started in a phase when farmers struggled to keep their cattle within the outskirts of their homes.

Furthermore, the invention of the plough encouraged farmers to increase their crop production and productivity per capita per annum. Further speaking in this regard, the first tractor engine ever invented was steam-powered and was a very much costly affair for farmers. Furthermore, new diversifications in cropping methods, such as better corn seeds and mechanisation, helped farmers to grow crops faster. 

Henceforth, covering larger areas of land leads to increased crop production. Henceforth, in this blog, we will study the contribution of various tractor brands, such as Sonalika Tractor and Digitrac Tractors, in evolving the industry. Furthermore, we will also discuss the other aspects of the science behind agricultural routes to tractors.

The importance of tractors in agriculture

Tractors in farming are as gelled as a fish in water. Every farmer nowadays needs a tractor to fulfil his incompetency in his/her community. Furthermore, tractors are essential for every farming activity taking place nowadays. From seeding and cultivation to harvesting, every step in day-to-day farming requires either tractors or tractor implements. Further speaking in this regard, along with trolleys, these are good transporters as well.

From tip to toe, you name it, today’s farm mechanisation is mostly driven by tractors. The tractors of the modern era have not only increased crop production to fulfil the global food demand. But, also have saved time and thus money for farmers.

Reasons for inclusion: Agriculture routes to tractors

There can be various reasons for it. However, agricultural routes to tractors were primarily due to below given factors.

  • Efficiency

The tractors can perform complex farming tasks in a fraction of the time. Henceforth allowing more crop productivity.

  • Precision

Tractors run through defined mechanisms. Henceforth, they have defined precision when it comes to agricultural operations such as harvesting, seeding, planting, and/or harvesting.

  • Versatility

The tractors are versatile when it comes to their usage in farming. From seeding, planting, and harvesting transporting crops, tractors are used in every farming environment.

  • Power

Tractors such as Mahindra Tractors and Digital Tractors come with an ample amount of power. Henceforth, these are used to lift heavy loads and break the hard and tough top layer of soil.

  • Cost-effective

Further speaking, tractors are cost-effective and thus are easily available.

Henceforth, the above reasons justify the agricultural routes to tractors and the reasons  behind their inclusion.

New inventions and innovations in agricultural routes to tractors

As we all know, technology is growing and developing on a daily basis. And agriculture and the tractor industry aren’t far left behind. Henceforth, below are some of the innovative technologies invented recently.

  • Global Positioning System (GPS)

This technology, although discovered by NASA, is used by institutions all over the world. The technology helps to locate any object on the surface of the earth with high accuracy. Henceforth, once embedded in tractors, these can easily guide the tractor on large scale farms. Furthermore, the GPS system can be used to map farmland. And integrated systems are programmed to calculate data such as overall harvest and the seeds required for a particular piece of land.

  • Smart farming and AI

Smart farming techniques such as sensor-based drones, agricultural robots, AI, machine learning, and IoT. These technologies and tools have helped the agricultural industry in creating routes to meet the demand for modern tractors. Henceforth, modern electric tractors with autonomous features are being innovated. Considering the situation, the tractor brands Mahindra Tractor and VST Tractor are not left very far behind in terms of innovation.

Sustainability in agricultural routes to tractors

The agricultural routes to tractors are deeply inspired by long-term sustainable development. However, talking about current scenarios, farmers need to understand the vastness and vision of sustainable agriculture. A day-to-day farmer is struck by poverty, and increasing crop productivity by whatever means is a necessary necessity.

Henceforth, global governments need to improve crop gains and storage facilities for farmers. This will reduce poverty to some extent. Furthermore, they need to innovate organic farming and invent more sustainable methods to make sure that apt sustainability is maintained and aligned with the primary goals of the farmer.

Unwrapping it

This blog will discuss the science behind agricultural routes to tractors. It will also discuss the contribution of various tractor brands, such as Mahindra Tractors and Digitrac Tractors, in the evolution of the industry. What are your thoughts on the same?

Absorption Costing MCQs with Answers Explanation Engineering ECE

What Is Absorption Costing?

Absorption costing, also known as the all-encompassing, all-inclusive, or comprehensive costing method, is a sophisticated and perplexing managerial accounting framework that attempts to incorporate all expenses that are linked to the production of a particular product. This method is highly intricate and involves a copious amount of calculations and analyses to arrive at the total cost of production.

Every minuscule expense, whether direct or indirect, such as raw materials, labor, rent, utilities, depreciation, maintenance, insurance, and every other associated cost, is taken into account to determine the total cost of the product. The complexity of this method is staggering, and it requires extensive knowledge of accounting principles, an understanding of manufacturing processes, and advanced analytical skills to execute.

However, despite its complexity, absorption costing is still widely used in the industry due to its comprehensive approach to providing an accurate picture of the cost of production. Moreover, under the generally accepted accounting principles (GAAP) in the United States, absorption costing is an approved method for external reporting. In contrast, variable costing is prohibited, adding to the confusion and perplexity surrounding this topic.

Which of the following costs would NOT be included in the cost of goods sold calculation under absorption costing?

a) Direct materials
b) Direct labor
c) Variable manufacturing overhead
d) Fixed manufacturing overhead
Answer: c) Variable manufacturing overhead

Explanation: Under absorption costing, both fixed and variable manufacturing overhead costs are included in the cost of goods sold calculation. Direct materials and direct labor costs are also included.

When production exceeds sales, absorption costing will result in:

a) Higher net income than variable costing
b) Lower net income than variable costing
c) The same net income as variable costing
d) None of the above
Answer: a) Higher net income than variable costing

Explanation: When production exceeds sales, there will be more fixed manufacturing overhead costs that are absorbed into the cost of goods sold calculation under absorption costing. This results in a higher net income compared to variable costing, which only includes variable manufacturing costs in the cost of goods sold calculation.

Which of the following statements is true about absorption costing?

a) It is used for external reporting purposes
b) It is used for internal decision-making purposes
c) It is the same as variable costing
d) None of the above
Answer: a) It is used for external reporting purposes

Explanation: Absorption costing is required for external financial reporting purposes, such as on the income statement and in financial statements. Variable costing, on the other hand, is often used for internal decision-making purposes.

In a period of increasing production and sales, absorption costing will result in:

a) Higher net income than variable costing
b) Lower net income than variable costing
c) The same net income as variable costing
d) None of the above
Answer: c) The same net income as variable costing

Explanation: When production and sales increase, absorption costing and variable costing will result in the same net income. This is because there will be fewer fixed manufacturing overhead costs per unit under absorption costing, but there will also be more units sold.