11
QuizMultiple Choice

Personal Budget

Question 11 • (Kapuschinsky)WCA 3424 Consumer Applications 1st nine weeks 26-27

Analyze the following budget, with an income of $750, to determine how much can be spent on food for the month. Month________Budgeted AmountFood$___Personal Items$20Cell Phone $75Entertainment$85Car Expenses – Gas, Insurance$260College Savings$250

Answer
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.

Explanation

Add the other budgeted amounts: $20 + $75 + $85 + $260 + $250 = $690. Subtract this from the $750 income: $750 − $690 = $60, so no more than $60 can be spent on food.

AI-written and checked against the verified answer.

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