The National Institute for Consumer Education (College of Education, Eastern Michigan CIniversity) maintains an online form to prepare a budget for college spending. The form allows for both income and expense budgeting. The expense budget is divided into fixed and variable (flexible) expenses. Use the form to prepare a budget for your college spending. After you have prepared the expense budgets, determine how much of the total fixed and variable expenses is direct and how much is indirect. Which costs are greater, direct or indirect? Which of the indirect expenses is largest?

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