Which of the following is usually a variable expense?
A) salaries
B) rent
C) wages
D) insurance premiums

Question

Which of the following is usually a variable expense?​
A) ​salaries
B) rent​
C) wages​
D) insurance premiums​

Quizplus · Accepted Answer

Wages are usually a variable expense because they are directly tied to the amount of work done or number of hours worked. As the workload or hours vary, the amount spent on wages will also vary. Salaries are typically fixed expenses, as they are agreed upon contracts for a set amount of money over a designated period of time. Rent and insurance premiums are also fixed expenses as they are contracted payments for a set amount over a period of time.

Which of the Following Is Usually a Variable Expense?​

Which of the Following Is Usually a Variable Expense?