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You plan on starting a lawn mowing business by investing $700 of your own money and purchase $500 of equipment. You plan to work 270
You plan on starting a lawn mowing business by investing $700 of your own money and purchase $500 of equipment. You plan to work 270 hours per month and charge your customers $22 per hour. Your anticipated costs include:
Depreciation | $25.00 per month |
Advertising | $27.00 per month |
Gas | $1.20 per hour |
Assistant's Wages | $10.00 per hour |
Miscellaneous Expenses | $20.00 per month |
Calculate your Variable cost per hour on the budgeted contribution margin income statement.
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