Budgets are created by calculating
Dasha got a new job that pays $40,000 per year. She wants to make a monthly budget. How can Dasha calculate her monthly income?by dividing $40,000 by 12 monthsby dividing $40,000 by her expensesby subtracting her expenses from $40,000by multiplying $40,000 by 12 months
Study this table, which shows monthly income and different types of income tax. How can this information be used to calculate net pay?Subtract three of the taxes from the monthly gross pay.Subtract all four taxes from the monthly gross pay.Add two of the taxes to the monthly gross pay.Add all four taxes to the monthly gross pay.
Study this table. Which expenses are variable? Chose two correct answers.mortgagefoodcarentertainment
Mitch has created a budget that includes mortgage, food, car, and entertainment expenses. Which other expenses should he also include? Choose four correct answers.utilitiesout-of-pocket medical expensesgasincome from investmentssavings for his emergency fund
Study the chart. The Porter family has created a monthly budget using a pie chart to show where money is spent. Which expense is fixed?housingfoodclothingmedical
The Porters’ food, clothing, and medical expenses are not fixed expenses. What do these expenses have in common?
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