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

You plan on starting a lawn mowing business by investing $700 of your own money and purchase $500 of equipment. You plan to work 350 hours per month and charge your customers $20 per hour. Your anticipated costs include:
Depreciation $25.00 per month
Advertising $35.00 per month
Gas $1.30 per hour
Assistant's Wages $7.00 per hour
Miscellaneous Expenses $30.00 per month
Calculate your Variable cost per hour on the budgeted contribution margin income statement.

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