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(ด้) BEATRICE MAYES INSTITUTE CHARTER SCHOOL
4th Financial Practice
ByteLearn
Brayden Joseph
The table shows Adam's expenses for school lunches and
Clear
Adam's Expenses




Month
School Lunch
Book Fair


September

$25.00

$20.00


December

$25.00

$22.50


February

$25.00

$17.50


April

$25.00

$25.00


May

$25.00

$20.00




Which statement about Adam's expenses is true?
(A) School lunches are a fixed expense, but book fairs are a variable expense.
(B) Both school lunches and book fairs are fixed expenses.
(C) Both school lunches and book fairs are variable expenses.
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Review/End
Mar 22
11:02

(ด้) BEATRICE MAYES INSTITUTE CHARTER SCHOOL\newline44th Financial Practice\newlineByteLearn\newlineBrayden Joseph\newlineThe table shows Adam's expenses for school lunches and\newlineClear\newlineAdam's Expenses\newline\begin{tabular}{|c|c|c|}\newline\hline Month & School Lunch & Book Fair \\\newline\hline September & $25.00 \$ 25.00 & $20.00 \$ 20.00 \\\newline\hline December & $25.00 \$ 25.00 & $22.50 \$ 22.50 \\\newline\hline February & $25.00 \$ 25.00 & $17.50 \$ 17.50 \\\newline\hline April & $25.00 \$ 25.00 & $25.00 \$ 25.00 \\\newline\hline May & $25.00 \$ 25.00 & $20.00 \$ 20.00 \\\newline\hline\newline\end{tabular}\newlineWhich statement about Adam's expenses is true?\newline(A) School lunches are a fixed expense, but book fairs are a variable expense.\newline(B) Both school lunches and book fairs are fixed expenses.\newline(C) Both school lunches and book fairs are variable expenses.\newlineBack\newline66 of 1010\newlineNext >\newlineReview/End\newlineMar 2222\newline1111:0202

Full solution

Q. (ด้) BEATRICE MAYES INSTITUTE CHARTER SCHOOL\newline44th Financial Practice\newlineByteLearn\newlineBrayden Joseph\newlineThe table shows Adam's expenses for school lunches and\newlineClear\newlineAdam's Expenses\newline\begin{tabular}{|c|c|c|}\newline\hline Month & School Lunch & Book Fair \\\newline\hline September & $25.00 \$ 25.00 & $20.00 \$ 20.00 \\\newline\hline December & $25.00 \$ 25.00 & $22.50 \$ 22.50 \\\newline\hline February & $25.00 \$ 25.00 & $17.50 \$ 17.50 \\\newline\hline April & $25.00 \$ 25.00 & $25.00 \$ 25.00 \\\newline\hline May & $25.00 \$ 25.00 & $20.00 \$ 20.00 \\\newline\hline\newline\end{tabular}\newlineWhich statement about Adam's expenses is true?\newline(A) School lunches are a fixed expense, but book fairs are a variable expense.\newline(B) Both school lunches and book fairs are fixed expenses.\newline(C) Both school lunches and book fairs are variable expenses.\newlineBack\newline66 of 1010\newlineNext >\newlineReview/End\newlineMar 2222\newline1111:0202
  1. School Lunch Expenses Analysis: Let's analyze the expenses for school lunches across the months.\newlineSeptember: $25.00\$25.00\newlineDecember: $25.00\$25.00\newlineFebruary: $25.00\$25.00\newlineApril: $25.00\$25.00\newlineMay: $25.00\$25.00\newlineWe can see that the expense for school lunches is the same every month.
  2. Book Fair Expenses Analysis: Now let's analyze the expenses for book fairs across the months.\newlineSeptember: $20.00\$20.00\newlineDecember: $22.50\$22.50\newlineFebruary: $17.50\$17.50\newlineApril: $25.00\$25.00\newlineMay: $20.00\$20.00\newlineWe can see that the expense for book fairs changes every month.
  3. Conclusion: Based on the analysis, we can conclude that school lunches are a fixed expense because the cost does not change from month to month. On the other hand, book fairs are a variable expense because the cost varies each month.

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