need both QUESTION 13 You plan on starting a lawn mowing...
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QUESTION 13 You plan on starting a lawn mowing business by investing $700 of your own money and purchasing $500 of equipment. You plan to work 290 hours per month and charge your customers $20 per hour. Your anticipated costs include: Advertising $20.00 per month Gas 31.20 per hour Depreciation $25.00 per month Assistant's Wages $10.00 per hour Miscellaneous Experses $990.00 per month Calculate your budgeted Total Contribution Margin on the contribution margin income statement. QUESTION 14 You plan on starting a lawn mowing business by investing $700 of your own money and purchasing $500 of equipment. You plan to work 250 hours per month and charge your customers $17 per hour. Your anticipated costs include: Advertising $25.00 per month Gas $1.40 per hour Depreciation $25.00 per month Assistant's Wages $9.00 per hour Miscellaneous Expenses $470.00 per month Calculate your budgeted contribution margin per hour on the contribution margin income statement
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