Cory runs a business as a mason, using cement to make building foundations and sidewalks to the specifications of structural engineers. Below is a list of his expenses for the month of April.
Raw materials, such as cement
$7882.41
Equipment maintenance
$240.12
Staff wages
$6300.00
Cement truck lease payment
$968.69
• Vehicle Insurance
$487.57
• Vehicle fuel
$402.35
• Office space rent
$2500.00
Which of the following is not a fixed expense?
A. Cement truck lease payment
B. Raw materials
C. Office space rent
D. Vehicle insurance
1 answer
B. Raw materials