$56-2$ Identify cost behavior $($Learning Objectives $1$ & $2)$

Many costs are associated with owning a car. Assuming that miles driven is the volume

activity, classify each of the following costs associated with car ownership as mainly

variable or fixed.

a$.$ Purchase price of the car $$25,000$

b$.$ Finance charges on car loan

c$.$ Gas

d$.$ Oil changes every $5,000$ miles

e$.$ Replacement tires

f$.$ Insurance costs of $$100$ per month

g$.$ License plate$/$registration of $$200$ per year

h$.$ SiriusXM Radio subscription cost

l$.$ Car washes $($one per week$)$

j$.$ Monthly parking fees for work lot

k$.$ Traffic violation ticket