Mathematics, 13.05.2021 20:10, makennahudson94
A family creates a monthly budget based on their combined wages and expenses for one month. Use the family’s budget to determine if the family will experience a monetary surplus or shortage for the month.
Budgeted Income $ Actual Income $ Difference
Wages $10,220.00 Wages $10,220.00 $0.00
Total Budgeted Wages $10,220.00 Total Actual Income $10,220.00 $0.00
Budgeted Expenses $ Actual Expenses $ Difference
Food $1,100.00 Food $1,500.00 -$400.00
Credit Card $0.00 Credit Card $567.00 -$567.00
Private School Tution $1,000.00 Private School Tution $1,000.00 $0.00
Gas $350.00 Gas $391.00 -$41.00
Clothing $250.00 Clothing $175.00 $75.00
Medical Insurance $877.00 Medical Insurance $877.00 $0.00
Entertainment $350.00 Entertainment $772.00 -$422.00
Mortgage Payment $3,050.00 Mortgage Payment $3,050.00 $0.00
Utility Bills $350.00 Utility Bills $288.00 $62.00
Car Payment $954.00 Car Payment $954.00 $0.00
Car Insurance $321.00 Car Insurance $321.00 $0.00
Total Budgeted Expenses $8,602.00 Total Actual Expenses $9,895.00 $
Surplus/Shortage $1,618.00 Surplus/Shortage $325.00 $
Calculate the difference between the Total Budgeted Expenses and Total Actual Expenses.
Calculate the total Surplus/Shortage amount for the month.
The family sets a goal to deposit a minimum of $1,500.00 into a savings account each month. In two or more complete sentences, describe whether or not your calculations in parts A and B support the family’s goal? Include specific monetary values listed in the family’s budget and recommend changes in the family’s variable costs that would allow the family to save more money this month.
Answers: 1
Mathematics, 21.06.2019 18:30, Jenniferwolf
Ametal rod needs to be 9 feet and 5.5 inches in length. the sections of the poles being used are each 1 foot and 10.5 inches long. how many 1ft 10.5in sections would be needed to complete the 9ft 5.5in metal rod? and how many inches of material will be left?
Answers: 1
Mathematics, 21.06.2019 19:30, priscilaannmendez
We just started the introduction into circles and i have no idea how to do this.
Answers: 3
A family creates a monthly budget based on their combined wages and expenses for one month. Use the...
History, 28.10.2020 22:50
English, 28.10.2020 22:50
Mathematics, 28.10.2020 22:50
Mathematics, 28.10.2020 22:50
History, 28.10.2020 22:50
Mathematics, 28.10.2020 22:50