Question: Heather Oak is trying to prepare a personal budget and has identified the following list of monthly costs. Identify each cost as fixed, variable, or
Heather Oak is trying to prepare a personal budget and has identified the following list of monthly costs. Identify each cost as fixed, variable, or mixed. Indicate a possible cost driver for any variable or mixed cost.
1. Rent.
2. Utilities.
3. Car payment.
4. Cell phone bill.
5. Gasoline.
6. Cable bill.
7. Groceries.
8. Dining out.
1. Rent.
2. Utilities.
3. Car payment.
4. Cell phone bill.
5. Gasoline.
6. Cable bill.
7. Groceries.
8. Dining out.
Step by Step Solution
★★★★★
3.31 Rating (163 Votes )
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
1 Rent fixed 2 Utilities mixed based on kilowatts or other ... View full answer
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
Document Format (1 attachment)
407-B-M-A-C-B (936).docx
120 KBs Word File
