Why might variable expenses change a great deal at different times of the year?

Answer:

Variable expenses might change a great deal at different times of the year due to factors like seasonal demand, holidays, or changes in lifestyle. For example, utility costs might increase during winter or summer due to heating or cooling needs. Similarly, holiday shopping or travel expenses can cause significant spikes in spending during certain months.

Explanation:

Variable expenses are costs that fluctuate depending on usage or activity, unlike fixed expenses that remain constant (like rent or mortgage). For instance: