Answered step by step
Verified Expert Solution
Question
1 Approved Answer
How do I determine which costs are Variable Costs from this list below? This data is from an Escape Room business (entertainment venue). Expenses Wage
How do I determine which costs are Variable Costs from this list below? This data is from an Escape Room business (entertainment venue).
Expenses | |
Wage expense | $ 38,049 |
Rent expense | $ 12,895 |
Utilities expens | $ 2,560 |
Banking & CC fees | $ 1,749 |
Cleaning & Maintenance expense | $ 1,425 |
Office supplies expense | $ 1,145 |
Insurance expense | $ 1,195 |
Gas expense | $ 1,869 |
Web expense | $ 716 |
Incorporation expense | $ 57 |
Miscellaneous | $ 1,164 |
Photo expense | $ 102 |
Marketing & Promo expense | $ 1,491 |
Depreciation expense | $ 6,003 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started