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You plan on starting a lawn mowing business by investing $ 7 0 0 of your own money and purchasing $ 5 0 0 of

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You plan on starting a lawn mowing business by investing $700 of your own money and purchasing $500 of equipment. You plan to work 240 hours per month and charge your customers $18 per hour. Your anticipated costs include:
\table[[Advertising,$52.00 per month],[Gas,$1.50 per hour],[Depreciation,$25.00 per month],[Assistant's Wages,$8.00 per hour],[Miscellaneous Expenses,$330.00 per month]]
Calculate your budgeted Total Contribution Margin on the contribution margin income statement.
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