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25 Mar 2016, 03:51
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A
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A certain company has budgeted $1,440 for entertainment expenses for the year, divided into 12 equal monthly allocations. If by the end of the third month, the total amount spent on entertainment was $300, how much was the company under budget or over budget?
A. $60 under budget
B. $30 under budget
C. $30 over budget
D. $60 over budget
E. $180 over budget
A. $60 under budget
B. $30 under budget
C. $30 over budget
D. $60 over budget
E. $180 over budget
25 Mar 2016, 05:10
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120/month X3= 360 at the end of third month
Company is $60 under budget
Company is $60 under budget
28 Feb 2020, 08:06
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Bunuel
A certain company has budgeted $1,440 for entertainment expenses for the year, divided into 12 equal monthly allocations. If by the end of the third month, the total amount spent on entertainment was $300, how much was the company under budget or over budget?
A. $60 under budget
B. $30 under budget
C. $30 over budget
D. $60 over budget
E. $180 over budget
A. $60 under budget
B. $30 under budget
C. $30 over budget
D. $60 over budget
E. $180 over budget
The budget for 3 months of entertainment expenses is 1,440/12 x 3 = 120 x 3 = $360. Since the actual spending for the 3 months was $300, the company was $60 under budget.
Answer: A
