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You have a lawn mowing business. You plan to work 200 hours per month and...

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You have a lawn mowing business. You plan to work 200 hours per month and charge your customers $17 per hour. Your anticipated costs include: Advertising $20 per month Gas $1.30 per hour Depreciation on mowers $25 per month Assistant's Wages $7.00 per hour Miscellaneous Expenses S30 per month You plan on paying 60% of your monthly costs in the month incurred, 30% in the second month and the remainder in the following month. Calculate the amount of cash payments for operating activities in your second month of business. QUESTION 11 You plan on starting a lawn mowing business by investing $700 of your own money and purchase $500 of equipment. You plan to work 380 hours per month and charge your customers $21 per hour. Your anticipated costs include: Advertising $5.00 per month Gas $1.50 per hour Depreciation $25.00 per month Assistant's Wages $10.00 per hour Miscellaneous Expenses $50.00 per month Calculate your Total Variable Cost for the monthly budgeted contribution margin income statement

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