Marykay wants to identify her monthly variable expenses to see if they are more than 40% of her monthly income. marykay's monthly income is $3,800. her net income is 7% of her monthly income and her fixed expenses are $1,824. determine the total of marykay's variable expenses and if they are more than 40% of her monthly income.
a.
marykay's variable expenses total $1,710, which is more than 40% of her monthly income.
b.
marykay's variable expenses total $1,976, which is more than 40% of her monthly income.
c.
marykay's variable expenses total $266, which is less than 40% of her monthly income.
d.
marykay's variable expenses total $1,740, which is more than 40% of her monthly income.