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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
You plan on starting a lawn mowing business by investing $700 of your own money and purchase $500 of equipment. You plan to work 310 hours per month and charge your customers $21 per hour. Your anticipated costs include: Advertising Gas Depreciation Assistant's Wages Miscellaneous Expenses $12.00 per month $1.40 per hour $25.00 per month $10.00 per hour $40.00 per month Calculate your Total Variable Cost for the monthly budgeted contribution margin income statement.
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