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QUESTION 12 You plan on starting a lawn mowing business by investing $700 of your own money and purchase $500 of equipment. You plan to

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QUESTION 12 You plan on starting a lawn mowing business by investing $700 of your own money and purchase $500 of equipment. You plan to work 260 hours per month and charge your customers $23 per hour. Your anticipated costs include: Depreciation $25.00 per month Advertising $26.00 per month Gas $1.40 per hour Assistant's Wages $0.00 per hour Miscellaneous Expenses $40.00 per month Calculate your Variable cost per hour on the budgeted contribution margin income statement

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