Question: When preparing a flexible budget for a car wash, some cost are considered fixed expenses, while others are considered a variable cost. Which of the

When preparing a flexible budget for a car wash, some cost are considered fixed expenses, while others are considered a variable cost. Which of the following would be considered a fixed expense for a car wash?
Group of answer choices
cleaning supplies
machinery repairs
electricity
depreciation on the equipment

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!