Question

Calculate the income needed based on the following budgeted expenses

Answer 1

the expenses total $1000. so you need income of at least $1000 to cover that (a)

Answer 2

The correct option is A.

Explanation:

Given information:

Rent = $350

Utilities = $100

Food = $150

Entertainment = $75

Bus pass = $25

College saving = $300

The sum of all budgeted expenses is

`Total=350+100+150+75+25+300`

`Total=1000`

Since the sum of all budgeted expenses is $1000, therefore the income need to be at least $1000.

Option a is correct.