Question

Suppose you have budgeted for 3 expenditures, $100, $150 and $50. However the amount that you have spent is $95, $175 and $20. Did you spend more or less than what was budgeted? By how much? (Show Your Work)

Answer 1

Spent less than budget by $10

Explanation:

→ Work out total budget

100 + 150 + 50 = 300

→ Work out total expenditure

95 + 175 + 20 = 290