Roger’s expenses for one month. Use Roger’s
list to solve each problem.
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Money Spent in January
Rent - $350.00
Gasoline - $48.90
Car Payment- $144.00 Clothing - $110.00
Car Insurance - $81.00 Recreation -
$65.00
Utilities - $52.25
Telephone - $54.18
Groceries - $160.00 Personal
Care - $22.48
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Fill in the fixed expense
and variable expense chart using the items from Roger’s list.
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Fixed
Expense
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Cost
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Variable
Expense
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Cost
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Level 1: Answer the following
questions to the best of your ability.
1. Did Roger spend more on fixed expenses or variable
expenses in January? Circle the correct answer.
Fixed Expenses - $350.00+$144.00+$81.00 = a). $587.26 b).
$575.00
Variable Expenses - $48.90 + $110.00 + $65.00 + $54.18 +
$22.48 + $52.25 + $160.00 = a). $500.57 b). $512.81
How much more? $575.00 - $512.81 = a). $62.20
b). $62.19
2. Roger has $1,600.00 to spend for the month. Add all of
his expenses, both fixed and variable.
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$350.00 + $144.00 + $81.00 +
$52.25 + $160.00 + $48.90 + $110.00 + $65.00 + $54.18 + $22.48 = a).
$1,679.00 b). $1,087.81 c). $1,345.67
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Will he have any money left over? Yes/no he will have/not
have money left over.
How much? $1600.00 -
_________________ = a). $600.00 b).
$515.54 c). $512.19
Level 2: Answer the following
questions to the best of your ability.
1. Did Roger spend more on fixed expenses or variable
expenses in January? ________________________________________________________________________________________.
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Fixed Expenses - $350.00+$144.00+$81.00 =
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Variable Expenses - $48.90 + $110.00 + $65.00 + $54.18 +
$22.48 + $52.25 + $160.00=
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How much more? _____________ - ______________ =
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2. Roger has $1,600.00 to spend for the month. Add all of
his expenses, both fixed and variable.
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$350.00 + $144.00 + $81.00 +
$52.25 + $160.00 + $48.90 + $110.00 + $65.00 + $54.18 + $22.48 = a).
$1,679.00 b). $1,087.81 c). $1,345.67
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Will he have any money left over? [Circle the correct
answer] Yes/no he will have/not have money left over.
How much? $1600.00 - _________________
= a). $600.00 b). $515.54 c). $512.19
Level 3: Answer the following
questions to the best of your ability.
1. Did Roger spend more on fixed expenses or variable
expenses in January?
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_________________________________________________________________________________________
How much more?
_______________________________________________________________________
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2. Roger has $1,600.00 to spend for the month. Add all of
his expenses, both fixed and variable.
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Will he have any money left over?
_______________________________________________________
How much?
_____________________________________________________________________________
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