Priya spends $45 on gas, $10 on dinner, and $8 on a video game. How much money did Priya spend on variable expenses?
The expenses Priya incurred – $45 on gas, $10 on dinner, and $8 on a video game – are considered variable expenses because they can vary in amount and are not fixed costs.
To calculate the total amount of money Priya spent on variable expenses, you simply add up all the variable expenses:
$45 (gas) + $10 (dinner) + $8 (video game) = $63
Priya spent a total of $63 on variable expenses.