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LenaWriter [7]
2 years ago
7

Part A: In two or more sentences, explain what a variable expense is and provide at least two examples, Part B: In two or more s

entences, explain what a fixed expense is and provide at least two examples,​
History
1 answer:
statuscvo [17]2 years ago
3 0

The fixed and variable expense is an important component of a company's operation.

<h3>What is Fixed expense?</h3>

It is an expense that do not change from period to period, that is, they remain constant.

<h3>Some example of Fixed expense includes:</h3>
  • mortgage,
  • rent payments,
  • utility bills etc

<h3>What is Variable expense?</h3>

It is an expenses that usually varies depending on the firm usage of products or services.

<h3>Some example of Variable cost includes:</h3>
  • sales commissions
  • direct labor costs
  • cost of raw materials etc

Read more about Fixed cost

<em>brainly.com/question/3636923</em>

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