Question

fixed expenses are expenses that do not change from month to month and variable expenses are expenses that can fluctuate from to month to month complete the second column of the chart by determining if each expense is fixed or variable​

Answer 1

Fixed expenses do not change from month to month, while variable expenses can fluctuate. Examples of fixed expenses include rent and insurance premiums, while examples of variable expenses include raw materials and labor costs.

Step-by-step explanation:

Fixed expenses are expenses that do not change from month to month, while variable expenses are expenses that can fluctuate from month to month.

Examples of fixed expenses include rent, insurance premiums, and loan payments. These expenses remain the same regardless of the level of production or output.

On the other hand, examples of variable expenses include raw materials, labor costs, and utilities. These expenses fluctuate based on the level of production or output.

Answer 2

Examples of variable costs are labor and raw materials, which go up or down depending on how much is produced.

Step-by-step explanation: