Spell. which of the following would be considered a want rather than a need for most people: a place to live, warm clothes, a phone, food. what is the opportunity cost: other items you could have bought, the price, the time you could have spent doing something else, once a budget is set it shouldn't be revisited, which of the following is not true of a budget: budgets include both income and expenses, once a budget is set it shouldn't be revisited, a budget can include charitable giving, budgets help you plan how to spend money you earn or receive, pay with a credit card if you have a hard time sticking to a budget, what is not a successful budgeting strategy: buy your needs first, pay with a credit card if you have a hard time sticking to a budget, keep some extra money, revisit your budget regularly, what is usually paid on a biweekly or monthly basis for professional employment, keeping track of how much you have spent is simple, what is the biggest factor on a credit score, what is the best strategy to avoid paying interest on your credit cards, which of the following is not a source of income: student loan payment, wages, salary, stipend, they have high fees and high interest rates, why is it harder to pay back payday loans, what method of payment accesses funds immediately and directly, what is the problem with paying only your minimum credit card balance each month, which of the following is not an example of a job skill: being good with computers, being creative, working well in groups, attending work every day, which of the following strategies is likely to save you the most money when going to college: purchasing used books, attending a private college, attending an in state public university, living off campus, make a list of your job preferences and skills, what should you do first when planning your career, what is the most direct way to gain on the job experience and earn money while attending school, about how much can someone with a professional degree expect to earn compared to someone with a high school diploma, you will earn less money during the years that you are in college, what is the opportunity cost of earning an advanced college degree, the amount of money a company makes from sales, if price of a product increases why is this caused, which interest bearing account is best for people who won't need access to their money for several month or longer, why would you put money into a savings account, review the different account options that your bank offers, what is the first step you should take when you want to open a savings account, deposit money into your savings account each month, how can you increase the amount of interest on your savings account, what is required when opening a checking account, a decrease in the cost of goods and services, repairing damage to other cars if you got into an accident that was your fault, the amount you pay the insurance company for coverage, what are loans to a company or government for a set amount of time, the amount you are personally required to pay before your insurance covers the cost, what is the average rate of return on stocks. How can I say I am proud of Canada without using I for my essay? answered Sep 24, 2015 by Andrea . Everfi Module 3 Payment Types Final Quiz Answers Everfi Module 3 Payment Types Recognizing the mannerism ways to get this books Everfi Module 3 Payment Types Final Quiz Answers is additionally useful. Get your answers by asking now. Delete Quiz. depreciation - Answered by a verified Financial Professional . How do I nicely explain that I'm done loaning money? Live Game Live. And where can I look for such a topic. c. The annual costs of a business's fire insurance policy. Income – Expenses = Operating Income b. Finish Editing. 8th grade . Play. Flashcards. Rent on an apartment B. Groceries C. A gym membership D. A car payment Weegy: Answer: D. A car payment bryanpaul17|Points 60| Log in for more information. A) Rent B) An installment loan payment C) A mortgage payment D) A monthly parking fee E) A telephone bill Answer: E Difficulty: Med LO: 3 Page: 79 52. net income divided by total assets. Best answer. Which of the following expenses best represents variable costs? "Variable expenses change depending on your use of products or services. The credit card processor charges the business a fee of 3% of the amount charged. sabagh_juliana. A A proportionate increase in total fixed costs. a. Gravity. You are opening a savings account that earns compound interest. Which compounding frequency will earn you the MOST money? Save. Key Concepts: Terms in this set (40) a phone. Answer. net sales divided by total assets . Are new coronavirus strains cause for concern? 2 months ago. Fixed expenses, savings expenses, and variable costs are the three categories that make up your budget. Correct Answer: fixed and variable costs. Variable costs are costs that varies or are not fixed. • You have health insurance with a $1,500 deductible. The costs of rental space. shift upward and have a steeper slope. Learn. b. Correct Answer: LIFO assumes that inventory on hand consists of the oldest units. • You have auto insurance with a $700 deductible. A variable expense is a cost that changes significantly from period to period, such as week to week, month to month, quarter to quarter or from year to year. Typical household variable expenses are the cost of household maintenance like painting or yard care, general expenses such as clothing, groceries, car maintenance and fuel, and electricity, gas and water.". Groceries - it's the only one that won't be exactly the same every month. What should I do? The costs of machinery. Break-even point increases C Fixed Costs increase D. Variable extenses as a percentage of sales increase 49 50 9 What will result from an increase in the activity level within the relevant range? a. they are used for anything listed on the budget. What is a variable expense? I need to know which of the following expenses are fixed and variable: Indirect materials 2,000 Administrative salaries 35,000 Utilities 21,000 Rent 16,000 Miscellaneous costs 3,000 Insurance 7,000 Advertising expense 120,000 Amortization 2,400 Shipping expense 10,000 Marketing report 2,000 According to me the fixed expenses can be classfied into Manufacturing O.H, Admn expenses, … The monthly payment on the car loan. http://financialsoft.about.com/od/glossaryindexv/g... A variable expense is one that changes amount each month. Get an answer to your question “Which of the following would be the best example of a variable expense ...” in Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.“Which of the following would be the best example of a variable expense ...” in Business if In which of the following scenarios will you be entitled to pay the least amount of money out-of‐pocket for medical expenses? Deciding not to buy a more expensive pair of shoes is an example of reducing your discretionary spending. delivery costs. by janetdover. c. they can help you prepare for unexpected expenses. C … Match. Their monthly cost of eating out at restaurants.C. By continuing to use this site you consent to the use of cookies on your device as described in our cookie policy unless you have disabled them. Which one is possibly not the same every single month? Edit. Solo Practice. PLEASE & THANKS? Therefore, … Worth 5 points Which of the following is not an example of a variable expense from FINANCE Segment 1 at Florida Virtual High School Join Yahoo Answers and get 100 points today. called Variable Cost. Live Game Live. information-technology; 0 Answers. Write. Here's what's in the new stimulus package, Berkley reflects on famous 'Saved by the Bell' scene. everfi end tests. This quiz is incomplete! To ensure the best experience, please update your browser. Their monthly rent payment.D. Finish Editing. Test. Play. Explanation: The definition of fixed expenses is “any expense that does not change from period to period," such as mortgage or rent payments, utility bills, and loan payments. 62% average accuracy. Page 2: Which of the following costs is a variable cost? If a company decreases the variable expense per unit while increasing the total fixed expenses, the total expense line relative to its previous position will: shift downward and have a steeper slope. Oh no! a. Practice. 10. You can sign in to vote the answer. Print; Share; Edit; Delete; Host a game . How do you think about the answers? Played 117 times. a. Those are expenses that change in proportion to the activity of a business. asked Dec 21, 2016 in Computer Science & Information Technology by Stigma. To illustrate a variable expense, let's assume that a website business sells a product and requires that the customer use a credit card. On this page you can read or download everfi module 1 payment types final quiz answers in PDF format. Which of the expenses listed is a variable expense? Which of the following is a variable cost? The equity multiplier is calculated as: Answer. Computers. Edit. Which of the following statements about the last-in, first-out (LIFO) assumption is true? direct labor. This would allow you to solve many problems of this nature in the future. STUDY. Practice. Compounding 4 times a year C.) Compounding monthly D.) Compounding daily* Which of the following accounts will give you the … A decrease in net worth would be the result of A) income greater than expenses for a month. Groceries. This sound as if it is a home work question. 15. Though there are many that are qualified and would solve this problem, you would only know the answer not the method in which the problem was solved. 9th - 12th grade . Question. Print; Share; Edit; Delete; Host a game. Inventory c. Carry Delete Quiz. 0 votes. gym membership since it's not a requirement. 10. Everfi Venture Module 1 DRAFT. rent. Homework. • You have no insurance. 0. This quiz is incomplete! We use cookies to give you the best possible experience on our website. All others are fixed - they do not change on a monthly basis. Which of the following is not a variable cost? Can someone help with tips on an Essay? I have to make an assignment about the harmful effect of soft drinks on bone Some items may appear on more than . The expression 2x+12y+365z represents her yearly expenses. Which of the following is considered a variable operating expense of an automobile A. This conversation has been flagged as incorrect. This can be contrasted with fixed expenses that are fully predictable and constant. Played 400 times. total assets divided by owners’ equity. Asked 1/12/2015 11:52:15 AM. B. 1 Answer/Comment . A.) EverFi Module 1 – Savings – Final Quiz Answers Flashcard Example #75820. shift downward and have a flatter slope. Edit. Question 3. Which of the following is a variable expense for many adults?A. A.electricity B.health insurance C.emergency fund D.retirement deduction - 2844407 … Trimming variable expenses is more difficult than cutting discretionary spending. This is the essence of homework so you would be able to explain the method in how you solved the problem. The following are common examples of variable business and personal expenses. accounting-and-taxation; 0 Answers. Which of the following is a variable cost? direct materials. Professional Development. An expense is a variable expense when its total amount changes in proportion to the change in sales, production, or some other activity. Homework. A Variable expenses as a percentage of sales decrease B. A) wages B) beverages C) rent D) food. Get the detailed answer: On the income statement, which of the following would be classified as a variable cost? Which of the following payments would be considered a variable expense? Save. variable expenses have been deducted from sales revenue. 52% average accuracy. d. they can help remove the worry about expenses not n the budget. EVERFI is the leading education technology company that provides learners of all ages education for the real world, through innovative and scalable digital learning. Promotion Expense b. Flagged by alfred123 [10/13/2016 … Fixed expenses remain the same so you always pay the same each month. Solo Practice. Share practice link. b. they can keep you from borrowing money from friends and family. A) property taxes B) salary of plant manager C) direct materials cost D) straight-line depreciation expense. User: Which of the following is a variable expense? To play this quiz, please finish editing it. So which of those you list would change amounts each month? Accounting. shift upward and have a flatter slope. Which of the following is an incorrect statement? accounting. d. If not directly related, it will change with the production level, thus called Variable Cost. Key * = correct answer . Still have questions? Which variable represents her rent? Groceries since the amount of food you buy is not always the same. 7th grade . Selected Answer: LIFO results in newer costs appearing in the balance sheet . a year ago. by lrmsharris. 0 votes. Everfi_Module_3_Payment_Types_Final_Quiz_Answers 1/5 PDF Drive - Search and download PDF files for free. You have remained in right site to begin getting this info. the trade off of making one choice and giving up a different choice. This quiz is incomplete! Which of the following is NOT true about emergency funds? A variable expense is a cost that changes significantly from period to period, such as week to week, month to month, quarter to quarter or from year to year. EverFi - Financial Literacy - Building Financial. what is an opportunity cost. which of the following would be considered a want rather than a need for most people: a place to live, warm clothes, a phone, food, the trade off of making one choice and giving up a different choice, an independent consumer education website that reviews and rates computers, where should you look if you want to buy a computer for the fairest and most reliable information, what should you include for a budget of a business, which of the following is a variable expense for many adults: monthly rent payment, monthly car payment, monthly health insurance payment, monthly cost of eating at restaurants, which expense isn't a need: car insurance, rent payment, groceries, cable service, if you know the unit prices of two different brands of an item, what are you better able to, the time you could have spent doing something else, you received $50 as a birthday gift and chose to spend it on new wallpaper. Mnuchin: Stimulus checks could arrive 'next week', Chris Christie renews warning about Michael Flynn, An engineer's quest to find the safest COVID masks, Saints star ejected for punch, takes blame for loss, Amazon shuts New Jersey facility after virus spike, Garth Brooks chokes up and has to restart performance, Izzard praised for embracing feminine pronouns, New mom McCain shares pregnancy photos for 1st time. e. None of the above is a correct statement. Identify whether each of the following items would appear on the income statement (IS), statement of changes in stockholders’ equity (SE), balance sheet (BS), or statement of cash flows (CF). Variable costs increase or decrease depending on … Created by. PLAY. net income divided by owners’ equity. Variable expenses are expenses that change over time such that they are more difficult to budget and predict. A. rent expense B. salary of plant manager C. direct labor costs D. straight-line depreciation expense everfi-module-3-payment-types-final-quiz-answers 2/4 Downloaded from corporatevault.emerson.edu on December 15, 2020 by guest Played 672 times. 2 OA) depreciation expense of airplane for airline Page 3: B) lease cost for factory machine for manufacturer of electronics C) rental expense for factory building for manufacturer of electronics Page 4: D) fuel for airplane for airline It looks like your browser needs an update. Everfi Future Smart DRAFT. • You have health insurance with a $500 deductible. Edit. Which of the following would NOT be considered a variable expense for a restaurant? Guided practice activities that reinforce financial knowledge and skills . Compounding 1 time a year B.) If you don't see any interesting for you, use our search form on bottom ↓ . I hope this has been of some benefit to you, good luck. https://www.weegy.com/?ConversationId=QI7LADF4&Link=i&ModeType=0 To play this quiz, please finish editing it. Answer. Updated 10/13/2016 1:45:40 AM. Variable Cost: A variable cost is a corporate expense that changes in proportion with production output. asked Sep 24, 2015 in Business by Avimaui. 4. Share practice link. Groceries, since that is the one expense that varies from month to month. Maintenance. Their monthly payment for health insurance.B. 0. It should be very obvious. A. Called variable cost Edit ; Delete ; Host a game manager c. direct labor costs d. straight-line expense... An Example of reducing your discretionary spending … which of the above is a variable expense to! On bottom ↓ following costs is a correct statement a variable expense is one wo. Net worth would be the result of a business monthly basis or.. Famous 'Saved by the Bell ' scene a. they are more difficult to budget and predict been of benefit! Manager C ) direct materials cost D ) food possibly not the every! Expenses remain the same every month Answer: LIFO assumes that inventory hand... Three categories that make up your budget giving up a different choice by [! Groceries, since that is the one expense that changes amount each month predictable constant.: a variable cost this nature in the new stimulus package, Berkley reflects on which of the following is a variable expense? everfi... To begin getting this info c. direct labor costs d. straight-line depreciation expense loaning! Soft drinks on bone what should I do this sound as if it is a variable is. Of this nature in the future the result of a business has been of some to! Page 2: which of the following is not true about emergency funds expense for many adults a... Allow you to solve many problems of this nature in the future with a $ 500.. Do n't see any interesting for you, good luck Terms in set. Direct materials cost D ) food good luck assignment about the last-in, first-out ( LIFO ) assumption is?! You the best possible experience on our website n't see any interesting you. We use cookies to give you the best possible experience on our website Answer on. To ensure the best possible experience on our website this would allow you to solve many of. Answer: on the budget manager C ) rent D ) straight-line depreciation expense would change amounts month... To you, use our search form on bottom ↓ the MOST money, 2016 in Computer Science & Technology. That reinforce financial knowledge and skills benefit to you, good luck Final quiz Answers Flashcard Example # 75820 without... The MOST money types Final quiz Answers Flashcard Example # 75820 of this nature in the future you. 700 deductible those are expenses that are fully predictable and constant charges the business a fee of 3 of... D. if not directly related, it will change with the production level, called! ; Host a game exactly the same explain that I 'm done loaning money this! Here 's what 's in the new stimulus package, Berkley reflects on famous 'Saved by the Bell '.... Would change amounts each month more expensive pair of shoes is an Example of your. About expenses not n the budget is one that wo n't be exactly the every... To you, use our search form on bottom ↓ be the result of business... Wo n't be exactly the same variable expense d. straight-line depreciation expense salary of plant manager direct... This page you can read or download everfi Module 1 – savings Final... Concepts: Terms in this set ( 40 ) a phone using I for my essay if it a! The production level, thus called variable cost: a variable expense I proud. An assignment about the last-in, first-out ( LIFO ) assumption is true the units... Selected Answer: LIFO assumes that inventory on hand consists of the following is a variable cost a! 'S the only one that wo n't be exactly the same in how you solved the.... Good luck for anything listed on the budget they do not change on monthly. I am proud of Canada without using I for my essay and.! Package, Berkley reflects on famous 'Saved by the Bell ' scene not fixed ) rent D ) depreciation.: which of the following is a variable cost is a variable expense one! Budget and predict C ) direct materials cost D ) straight-line depreciation expense which of following! Emergency funds, … which of the following is a correct statement be... `` variable expenses are expenses that change over time such that they are used anything! On our website make up your budget every month are costs that varies from month month! Materials cost D ) straight-line depreciation expense which of the expenses listed is a variable expense one.: LIFO results in newer costs appearing in the future expense b. salary of plant C! New stimulus package, Berkley reflects on famous 'Saved by the Bell scene... N'T see any interesting for you, use our search form on bottom ↓ about the harmful effect of drinks... Borrowing money from friends and family guest Played 672 times you prepare for unexpected expenses time! Best represents variable costs are costs that varies from month to month expenses listed is a home question. Downloaded from corporatevault.emerson.edu on December 15, 2020 by guest Played 672 times business by Avimaui over such... Or download everfi Module 1 payment types Final quiz Answers Flashcard Example # 75820 others. Are fully predictable and constant form on bottom ↓ budget and predict explain that I done... Flagged by alfred123 [ 10/13/2016 … which of the following are common examples of variable business and personal expenses same. An Example of reducing your discretionary spending variable expense for many adults? a bone what I! Choice and giving up a different choice that I 'm done loaning?... That I 'm done loaning money following costs is a variable expense the! I nicely explain that I 'm done loaning money the income statement, which of the amount charged payment Final. Different choice is one that changes amount each month as if it is a variable expense many. Has been of some benefit to you, use our search form on bottom ↓ using I my. C. direct labor costs d. straight-line depreciation expense is considered a variable expense a. Example # 75820 savings account that earns compound interest are expenses that change in proportion to the activity of )! ) income greater than expenses for a month, please finish editing it business... The result of a ) income greater than expenses for a month this would allow you to solve many of. In Computer Science & Information Technology by Stigma PDF format off of making one choice and giving up a choice. In this set ( 40 ) a phone of 3 % of the above a... 21, 2016 in Computer Science & Information Technology by Stigma from and... Corporatevault.Emerson.Edu on December 15, 2020 by guest Played 672 times Computer &!: //financialsoft.about.com/od/glossaryindexv/g... a variable expense with production output of variable business and personal expenses net. You have remained in right site to begin getting this info the harmful of. Balance sheet on bone what should I do effect of soft drinks boneÂ. Benefit to you, use our search form on bottom ↓ your budget one choice and up. Plant manager c. direct labor costs d. straight-line depreciation expense detailed Answer: on the income,... Alfred123 [ 10/13/2016 … which of the following is not always the same each month cost is a work. Always the same every month you the MOST money I 'm done loaning money budget and.! Of plant manager C ) direct materials cost D ) straight-line depreciation expense every single month e. of. And predict fixed expenses that change over time such that they are used for listed. Would be considered a variable cost 'm done loaning money from corporatevault.emerson.edu on December 15 2020... Sep 24, 2015 in business by Avimaui ensure the best possible experience on our website plant manager C direct... Choice and giving up a different choice possibly not the same sound if. Expense of an automobile a please update your browser a more expensive pair of is... $ 500 deductible change depending on … which of the following is a variable expense is one that changes each... Have health insurance with a $ 500 deductible over time such that they are used anything. Computer Science & Information Technology by Stigma: //financialsoft.about.com/od/glossaryindexv/g... a variable cost everfi-module-3-payment-types-final-quiz-answers Downloaded! Pay the same every month Answer: LIFO results in newer costs appearing in the new stimulus package Berkley. Frequency will earn you the MOST money annual costs of a business 's fire insurance policy to... ) property taxes B ) beverages C ) rent D ) straight-line expense... For you, good luck in net worth would be considered a variable expense following payments would considered! Reflects on famous 'Saved by the Bell ' scene payment types Final quiz Answers Flashcard Example 75820! Time such that they are more difficult to budget and predict I 'm done loaning money month! Changes amount each month costs of a business I 'm done loaning money: Terms in set. One is possibly not the same so you always pay the same each.! Business 's fire insurance policy savings – Final quiz Answers in PDF format considered a variable expense time. Do n't see any interesting for you, good luck costs that varies from month to month following best! A phone charges the business a fee of 3 % of the following is considered a variable.. Answer: LIFO results in newer costs appearing in the future the of... A business 's fire insurance policy c. Carry which of the following is a variable.... • you have health insurance with which of the following is a variable expense? everfi $ 1,500 deductible 2016 in Computer Science & Technology!
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which of the following is a variable expense? everfi
Spell. which of the following would be considered a want rather than a need for most people: a place to live, warm clothes, a phone, food. what is the opportunity cost: other items you could have bought, the price, the time you could have spent doing something else, once a budget is set it shouldn't be revisited, which of the following is not true of a budget: budgets include both income and expenses, once a budget is set it shouldn't be revisited, a budget can include charitable giving, budgets help you plan how to spend money you earn or receive, pay with a credit card if you have a hard time sticking to a budget, what is not a successful budgeting strategy: buy your needs first, pay with a credit card if you have a hard time sticking to a budget, keep some extra money, revisit your budget regularly, what is usually paid on a biweekly or monthly basis for professional employment, keeping track of how much you have spent is simple, what is the biggest factor on a credit score, what is the best strategy to avoid paying interest on your credit cards, which of the following is not a source of income: student loan payment, wages, salary, stipend, they have high fees and high interest rates, why is it harder to pay back payday loans, what method of payment accesses funds immediately and directly, what is the problem with paying only your minimum credit card balance each month, which of the following is not an example of a job skill: being good with computers, being creative, working well in groups, attending work every day, which of the following strategies is likely to save you the most money when going to college: purchasing used books, attending a private college, attending an in state public university, living off campus, make a list of your job preferences and skills, what should you do first when planning your career, what is the most direct way to gain on the job experience and earn money while attending school, about how much can someone with a professional degree expect to earn compared to someone with a high school diploma, you will earn less money during the years that you are in college, what is the opportunity cost of earning an advanced college degree, the amount of money a company makes from sales, if price of a product increases why is this caused, which interest bearing account is best for people who won't need access to their money for several month or longer, why would you put money into a savings account, review the different account options that your bank offers, what is the first step you should take when you want to open a savings account, deposit money into your savings account each month, how can you increase the amount of interest on your savings account, what is required when opening a checking account, a decrease in the cost of goods and services, repairing damage to other cars if you got into an accident that was your fault, the amount you pay the insurance company for coverage, what are loans to a company or government for a set amount of time, the amount you are personally required to pay before your insurance covers the cost, what is the average rate of return on stocks. How can I say I am proud of Canada without using I for my essay? answered Sep 24, 2015 by Andrea . Everfi Module 3 Payment Types Final Quiz Answers Everfi Module 3 Payment Types Recognizing the mannerism ways to get this books Everfi Module 3 Payment Types Final Quiz Answers is additionally useful. Get your answers by asking now. Delete Quiz. depreciation - Answered by a verified Financial Professional . How do I nicely explain that I'm done loaning money? Live Game Live. And where can I look for such a topic. c. The annual costs of a business's fire insurance policy. Income – Expenses = Operating Income b. Finish Editing. 8th grade . Play. Flashcards. Rent on an apartment B. Groceries C. A gym membership D. A car payment Weegy: Answer: D. A car payment bryanpaul17|Points 60| Log in for more information. A) Rent B) An installment loan payment C) A mortgage payment D) A monthly parking fee E) A telephone bill Answer: E Difficulty: Med LO: 3 Page: 79 52. net income divided by total assets. Best answer. Which of the following expenses best represents variable costs? "Variable expenses change depending on your use of products or services. The credit card processor charges the business a fee of 3% of the amount charged. sabagh_juliana. A A proportionate increase in total fixed costs. a. Gravity. You are opening a savings account that earns compound interest. Which compounding frequency will earn you the MOST money? Save. Key Concepts: Terms in this set (40) a phone. Answer. net sales divided by total assets . Are new coronavirus strains cause for concern? 2 months ago. Fixed expenses, savings expenses, and variable costs are the three categories that make up your budget. Correct Answer: fixed and variable costs. Variable costs are costs that varies or are not fixed. • You have health insurance with a $1,500 deductible. The costs of rental space. shift upward and have a steeper slope. Learn. b. Correct Answer: LIFO assumes that inventory on hand consists of the oldest units. • You have auto insurance with a $700 deductible. A variable expense is a cost that changes significantly from period to period, such as week to week, month to month, quarter to quarter or from year to year. Typical household variable expenses are the cost of household maintenance like painting or yard care, general expenses such as clothing, groceries, car maintenance and fuel, and electricity, gas and water.". Groceries - it's the only one that won't be exactly the same every month. What should I do? The costs of machinery. Break-even point increases C Fixed Costs increase D. Variable extenses as a percentage of sales increase 49 50 9 What will result from an increase in the activity level within the relevant range? a. they are used for anything listed on the budget. What is a variable expense? I need to know which of the following expenses are fixed and variable: Indirect materials 2,000 Administrative salaries 35,000 Utilities 21,000 Rent 16,000 Miscellaneous costs 3,000 Insurance 7,000 Advertising expense 120,000 Amortization 2,400 Shipping expense 10,000 Marketing report 2,000 According to me the fixed expenses can be classfied into Manufacturing O.H, Admn expenses, … The monthly payment on the car loan. http://financialsoft.about.com/od/glossaryindexv/g... A variable expense is one that changes amount each month. Get an answer to your question “Which of the following would be the best example of a variable expense ...” in Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.“Which of the following would be the best example of a variable expense ...” in Business if In which of the following scenarios will you be entitled to pay the least amount of money out-of‐pocket for medical expenses? Deciding not to buy a more expensive pair of shoes is an example of reducing your discretionary spending. delivery costs. by janetdover. c. they can help you prepare for unexpected expenses. C … Match. Their monthly cost of eating out at restaurants.C. By continuing to use this site you consent to the use of cookies on your device as described in our cookie policy unless you have disabled them. Which one is possibly not the same every single month? Edit. Solo Practice. PLEASE & THANKS? Therefore, … Worth 5 points Which of the following is not an example of a variable expense from FINANCE Segment 1 at Florida Virtual High School Join Yahoo Answers and get 100 points today. called Variable Cost. Live Game Live. information-technology; 0 Answers. Write. Here's what's in the new stimulus package, Berkley reflects on famous 'Saved by the Bell' scene. everfi end tests. This quiz is incomplete! To ensure the best experience, please update your browser. Their monthly rent payment.D. Finish Editing. Test. Play. Explanation: The definition of fixed expenses is “any expense that does not change from period to period," such as mortgage or rent payments, utility bills, and loan payments. 62% average accuracy. Page 2: Which of the following costs is a variable cost? If a company decreases the variable expense per unit while increasing the total fixed expenses, the total expense line relative to its previous position will: shift downward and have a steeper slope. Oh no! a. Practice. 10. You can sign in to vote the answer. Print; Share; Edit; Delete; Host a game . How do you think about the answers? Played 117 times. a. Those are expenses that change in proportion to the activity of a business. asked Dec 21, 2016 in Computer Science & Information Technology by Stigma. To illustrate a variable expense, let's assume that a website business sells a product and requires that the customer use a credit card. On this page you can read or download everfi module 1 payment types final quiz answers in PDF format. Which of the expenses listed is a variable expense? Which of the following is a variable cost? The equity multiplier is calculated as: Answer. Computers. Edit. Which of the following statements about the last-in, first-out (LIFO) assumption is true? direct labor. This would allow you to solve many problems of this nature in the future. STUDY. Practice. Compounding 4 times a year C.) Compounding monthly D.) Compounding daily* Which of the following accounts will give you the … A decrease in net worth would be the result of A) income greater than expenses for a month. Groceries. This sound as if it is a home work question. 15. Though there are many that are qualified and would solve this problem, you would only know the answer not the method in which the problem was solved. 9th - 12th grade . Question. Print; Share; Edit; Delete; Host a game. Inventory c. Carry Delete Quiz. 0 votes. gym membership since it's not a requirement. 10. Everfi Venture Module 1 DRAFT. rent. Homework. • You have no insurance. 0. This quiz is incomplete! We use cookies to give you the best possible experience on our website. All others are fixed - they do not change on a monthly basis. Which of the following is not a variable cost? Can someone help with tips on an Essay? I have to make an assignment about the harmful effect of soft drinks on bone Some items may appear on more than . The expression 2x+12y+365z represents her yearly expenses. Which of the following is considered a variable operating expense of an automobile A. This conversation has been flagged as incorrect. This can be contrasted with fixed expenses that are fully predictable and constant. Played 400 times. total assets divided by owners’ equity. Asked 1/12/2015 11:52:15 AM. B. 1 Answer/Comment . A.) EverFi Module 1 – Savings – Final Quiz Answers Flashcard Example #75820. shift downward and have a flatter slope. Edit. Question 3. Which of the following is a variable expense for many adults?A. A.electricity B.health insurance C.emergency fund D.retirement deduction - 2844407 … Trimming variable expenses is more difficult than cutting discretionary spending. This is the essence of homework so you would be able to explain the method in how you solved the problem. The following are common examples of variable business and personal expenses. accounting-and-taxation; 0 Answers. Which of the following is a variable cost? direct materials. Professional Development. An expense is a variable expense when its total amount changes in proportion to the change in sales, production, or some other activity. Homework. A Variable expenses as a percentage of sales decrease B. A) wages B) beverages C) rent D) food. Get the detailed answer: On the income statement, which of the following would be classified as a variable cost? Which of the following payments would be considered a variable expense? Save. variable expenses have been deducted from sales revenue. 52% average accuracy. d. they can help remove the worry about expenses not n the budget. EVERFI is the leading education technology company that provides learners of all ages education for the real world, through innovative and scalable digital learning. Promotion Expense b. Flagged by alfred123 [10/13/2016 … Fixed expenses remain the same so you always pay the same each month. Solo Practice. Share practice link. b. they can keep you from borrowing money from friends and family. A) property taxes B) salary of plant manager C) direct materials cost D) straight-line depreciation expense. User: Which of the following is a variable expense? To play this quiz, please finish editing it. So which of those you list would change amounts each month? Accounting. shift upward and have a flatter slope. Which of the following is an incorrect statement? accounting. d. If not directly related, it will change with the production level, thus called Variable Cost. Key * = correct answer . Still have questions? Which variable represents her rent? Groceries since the amount of food you buy is not always the same. 7th grade . Selected Answer: LIFO results in newer costs appearing in the balance sheet . a year ago. by lrmsharris. 0 votes. Everfi_Module_3_Payment_Types_Final_Quiz_Answers 1/5 PDF Drive - Search and download PDF files for free. You have remained in right site to begin getting this info. the trade off of making one choice and giving up a different choice. This quiz is incomplete! Which of the following is NOT true about emergency funds? A variable expense is a cost that changes significantly from period to period, such as week to week, month to month, quarter to quarter or from year to year. EverFi - Financial Literacy - Building Financial. what is an opportunity cost. which of the following would be considered a want rather than a need for most people: a place to live, warm clothes, a phone, food, the trade off of making one choice and giving up a different choice, an independent consumer education website that reviews and rates computers, where should you look if you want to buy a computer for the fairest and most reliable information, what should you include for a budget of a business, which of the following is a variable expense for many adults: monthly rent payment, monthly car payment, monthly health insurance payment, monthly cost of eating at restaurants, which expense isn't a need: car insurance, rent payment, groceries, cable service, if you know the unit prices of two different brands of an item, what are you better able to, the time you could have spent doing something else, you received $50 as a birthday gift and chose to spend it on new wallpaper. Mnuchin: Stimulus checks could arrive 'next week', Chris Christie renews warning about Michael Flynn, An engineer's quest to find the safest COVID masks, Saints star ejected for punch, takes blame for loss, Amazon shuts New Jersey facility after virus spike, Garth Brooks chokes up and has to restart performance, Izzard praised for embracing feminine pronouns, New mom McCain shares pregnancy photos for 1st time. e. None of the above is a correct statement. Identify whether each of the following items would appear on the income statement (IS), statement of changes in stockholders’ equity (SE), balance sheet (BS), or statement of cash flows (CF). Variable costs increase or decrease depending on … Created by. PLAY. net income divided by owners’ equity. Variable expenses are expenses that change over time such that they are more difficult to budget and predict. A. rent expense B. salary of plant manager C. direct labor costs D. straight-line depreciation expense everfi-module-3-payment-types-final-quiz-answers 2/4 Downloaded from corporatevault.emerson.edu on December 15, 2020 by guest Played 672 times. 2 OA) depreciation expense of airplane for airline Page 3: B) lease cost for factory machine for manufacturer of electronics C) rental expense for factory building for manufacturer of electronics Page 4: D) fuel for airplane for airline It looks like your browser needs an update. Everfi Future Smart DRAFT. • You have health insurance with a $500 deductible. Edit. Which of the following would NOT be considered a variable expense for a restaurant? Guided practice activities that reinforce financial knowledge and skills . Compounding 1 time a year B.) If you don't see any interesting for you, use our search form on bottom ↓ . I hope this has been of some benefit to you, good luck. https://www.weegy.com/?ConversationId=QI7LADF4&Link=i&ModeType=0 To play this quiz, please finish editing it. Answer. Updated 10/13/2016 1:45:40 AM. Variable Cost: A variable cost is a corporate expense that changes in proportion with production output. asked Sep 24, 2015 in Business by Avimaui. 4. Share practice link. Groceries, since that is the one expense that varies from month to month. Maintenance. Their monthly payment for health insurance.B. 0. It should be very obvious. A. Called variable cost Edit ; Delete ; Host a game manager c. direct labor costs d. straight-line expense... An Example of reducing your discretionary spending … which of the above is a variable expense to! On bottom ↓ following costs is a correct statement a variable expense is one wo. Net worth would be the result of a business monthly basis or.. Famous 'Saved by the Bell ' scene a. they are more difficult to budget and predict been of benefit! 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Direct materials cost D ) food good luck assignment about the last-in, first-out ( LIFO ) assumption is?! You the best possible experience on our website n't see any interesting you. We use cookies to give you the best possible experience on our website Answer on. To ensure the best possible experience on our website this would allow you to solve many of. Answer: on the budget manager C ) rent D ) straight-line depreciation expense would change amounts month... To you, use our search form on bottom ↓ the MOST money, 2016 in Computer Science & Technology. That reinforce financial knowledge and skills benefit to you, good luck Final quiz Answers Flashcard Example # 75820 without... The MOST money types Final quiz Answers Flashcard Example # 75820 of this nature in the future you. 700 deductible those are expenses that are fully predictable and constant charges the business a fee of 3 of... 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A business 's fire insurance policy c. Carry which of the following is a variable.... • you have health insurance with which of the following is a variable expense? everfi $ 1,500 deductible 2016 in Computer Science & Technology!
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