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10 votes
10 votes
What is an example of a fixed variable cost?

User Tiago Espinha
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2 Answers

20 votes
20 votes

Answer:

fixed

Step-by-step explanation:

18 votes
18 votes

Answer: utility bill

Explanation: Fixed costs remain the same throughout a specific period. Variable costs can increase or decrease based on the output of the business. Examples of fixed costs include rent, taxes, and insurance. Examples of variable costs include credit card fees, direct labor, and commission.

I believe your options choices was

  • car payment: is a fixed expenses
  • gym membership dues: variable expenses
  • rent: is a fixed expenses
  • utility bill: variable fixed expense.

Types of Expenses

Variable expenses; Expenses that vary from month to month (electriticy, gas, groceries, clothing).

Fixed expenses; Expenses that remain the same from month to month(rent, cable bill, car payment)

Intermittent expenses; Expenses that occur at various times throughout the year and tend to be in large amounts(tuition payment, car repairs)

Discretionary; (non-essential) expenses.

User Damian Petla
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