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In: Finance

which of the following is usually a variable expense? A-Insurance Premium B-Fuel C-Salaries D-Rent

which of the following is usually a variable expense?
A-Insurance Premium
B-Fuel
C-Salaries
D-Rent

Solutions

Expert Solution

Answer: Option "B" is correct that says, "Fuel"

Fuel is a variable expense.

Variable expenses- Are the expenses that increase or decrease according to the production and manufacturing. They are not fixed.

Fuel is a variable expense in Aircraft Ownership, if the usage of aircraft will be more, it will consume more fuel or vice versa.

jeff jeffy answered 2 years ago
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