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
To answer your question,
Budgeted amount is $750
Solution:
$20 personal items + $75 cell phone+
$85 entertainment + $260 car expenses like gas and insurance + $250 college
savings = $690
$750-$690 = $60
$60 is the budget for food