Analyze the following budget, with an income of $600, to determine how much can be spent on food for the month.

Month________
Budgeted Amount
Cell Phone
$65
Food
$___
Entertainment
$95
College Savings
$200
Car Expenses - Gas, Insurance
$160
a.
$210 can be spent on food.
b.
$145 can be spent on food.
c.
$80 can be spent on food.
d.
$260 can be spent on food.

1 answer

To determine how much can be spent on food for the month, we need to subtract the expenses from the total income.

  1. Start with the total income: $600

  2. List the known expenses:

    • Cell Phone: $65
    • Entertainment: $95
    • College Savings: $200
    • Car Expenses (Gas, Insurance): $160
  3. Calculate the total of the known expenses: \[ \text{Total Expenses} = 65 + 95 + 200 + 160 = 520 \]

  4. Now, subtract the total expenses from the income to find out how much is left for food: \[ \text{Left for Food} = 600 - 520 = 80 \]

Therefore, based on this budget, $80 can be spent on food for the month.

So the correct choice is: c. $80 can be spent on food.