Question: Classify costs as fixed or variable (Learning Objective 7) Classify each of the following personal expenses as either fixed or variable. In some cases, your

Classify costs as fixed or variable (Learning Objective 7)

Classify each of the following personal expenses as either fixed or variable. In some cases, your answer may depend on specific circumstances. If so, briefly explain your answer.

Apartment rental b.

Television cable service c.

Cost of groceries d.

Water and sewer bill e.

Cell phone bill f.

Health club dues g-

Bus fare

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