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QUESTION 9 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 9 You plan on starting a lawn mowing business by investing $700 of your own money and purchase $500 of equipment. You plan to work 390 hours per month and charge your customers $18 per hour. Your anticipated costs include: Advertising Gas Depreciation Assistant's Wages Miscellaneous Expenses $66.00 per month $1.50 per hour $25.00 per month $8.00 per hour $50.00 per month Calculate your Total Variable Cost for the monthly budgeted contribution margin income statement.

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