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QUESTION 10 You plan on starting a lawn mowing business by investing $700 of your own money and purchase $500 of equipment. You plan

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QUESTION 10 You plan on starting a lawn mowing business by investing $700 of your own money and purchase $500 of equipment. You plan to work 350 hours per month and charge your customers $20 per hour. Your anticipated costs include: Depreciation Advertising Gas Assistant's Wages Miscellaneous Expenses $25.00 per month $35.00 per month $1.30 per hour $7.00 per hour $30.00 per month Calculate your Variable cost per hour on the budgeted contribution margin income statement.

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