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Calculate your variable cost per hour

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Reference no: EM133166998

Question - You plan on starting a lawn mowing business by investing $700 of your own money and purchase $500 of equipment. You plan to work 270 hours per month and charge your customers $22 per hour. Your anticipated costs include:

Depreciation $25.00 per month

Advertising $27.00 per month

Gas $1.20 per hour

Assistant's Wages $10.00 per hour

Miscellaneous Expenses $20.00 per month

Required - Calculate your Variable cost per hour on the budgeted contribution margin income statement.

Reference no: EM133166998

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