Fixed expenses are equal to Total expenses minus Variable expenses:
[tex]\begin{gathered} \text{Fixed expenses = Total expenses - Variable expenses} \\ F=T-V \end{gathered}[/tex]Since T=$4630.16 and V=$2863.09, the we have
[tex]\begin{gathered} F=4630.16-2863.09 \\ F=1767.07 \end{gathered}[/tex]So, this result represent the fixed expenses.
