Which of the following is an example of a variable
expense?
A rent
B groceries
C wages
D car insurance
cant figure this out! help?
Yes, a variable expense is groceries. The other expenses remain the same each month.
Which of these may be different each month?
it is b or c right
ms sue
is it b
its b
To determine which of the options is an example of a variable expense, we need to understand what a variable expense means. A variable expense is an expense that fluctuates or changes from month to month based on usage or need. It is not a fixed expense, which remains the same or relatively constant.
Let's analyze the options one by one:
A) Rent: Rent is typically a fixed expense, meaning it remains the same each month. Therefore, it is not an example of a variable expense.
B) Groceries: Groceries can be considered a variable expense as the amount spent on groceries can change from month to month based on the quantity and quality of the items purchased.
C) Wages: Wages refer to the income earned from work and are not considered an expense.
D) Car Insurance: Car insurance is usually a fixed expense as the premium is generally set for a specific period, like a six-month or one-year term. Therefore, it is not an example of a variable expense.
Based on this analysis, the option B) Groceries is the correct answer as it is the only example that aligns with the definition of a variable expense.