A certain company has budgeted $1,440 for entertainment expenses for the year, divided into 12 equal monthly allocations

This topic has expert replies
Legendary Member
Posts: 2898
Joined: Thu Sep 07, 2017 2:49 pm
Thanked: 6 times
Followed by:5 members

Timer

00:00

Your Answer

A

B

C

D

E

Global Stats

A certain company has budgeted $1,440 for entertainment expenses for the year, divided into 12 equal monthly allocations. If by the end of the third month, the total amount spent on entertainment was $300, how much was the company under budget or over budget?

A. $60 under budget
B. $30 under budget
C. $30 over budget
D. $60 over budget
E. $180 over budget

Answer: A

Source: Manhattan GMAT
Source: — Problem Solving |