Question

Analyze the following budget, with an income of $750, to determine how much can be spent on food for the month. Month________ Budgeted Amount Food $___ Personal Items $20 Cell Phone $75 Entertainment $85 Car Expenses – Gas, Insurance $260 College Savings $250 a. No more than $70 can be spent on food. b. No more than $75 can be spent on food. c. No more than $80 can be spent on food. d. No more than $60 can be spent on food.

Answer 1

the answer is option D

Step-by-step explanation:

Edg 2020/2021

Answer 2

The correct option is (d)

Step-by-step explanation:

Total income is $750.

Expenses for the month = 20 + 75 + 85 + 260

= $440

Savings = $250

Total expenses and savings are $690 (440 + 250)

One is left with $60 (750 - 690) after accounting for expenses and savings. So, from the income, only $60 can be spent on food and not more than that.