Fixed and Variable Expenses

What is income?

• Money cominig IN to your pocket

• Money that stays the SAME every month

• Money that you spend so it LEAVES your pockets

• Money that is different each month

Car payment

• variable expense

• neither

• both

• fixed expense

Buying movie tickets

• neither

• both

• variable expense

• fixed expense

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.3

Buying clothes

• neither

• fixed expense

• variable expense

• both

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.3

CCSS.7.RP.A.3

Buying shoes

• variable expense

• fixed expense

• neither

• both

Tags

CCSS.7.EE.B.3

CCSS.7.RP.A.3

Joana bought 3 new shirts for $5 each. She sells each shirt for $15. What is Joana's profit?

• $15

• $45

• $30

• $60

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.2

CCSS.7.NS.A.3

Car payment

• variable expense

• neither

• both

• fixed expense

Buying clothes

• neither

• fixed expense

• variable expense

• both

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.3

CCSS.7.RP.A.3

Gas to go to work is a 

• variable expense

• fixed expense 

Tags

CCSS.HSA.SSE.A.1

Water bill

• variable expense

• neither

• fixed expense

• both