Question

student handout: unit 1 lesson 4
plan a special event within a budget
you are planning a birthday party! you have found the following bits of information during your research in stores downtown, by phone, by internet, and by reading ads in flyers and newspapers. you are inviting about 23 guests. you must choose the location, entertainment, and food, so that you are within your budget of $350.
party planner
date:
location
your choice and why
cost (show calculations)
budget: budget - cost= money left
choice: local park free and great outdoor
$0
$350
entertainment
choice: bluetooth speaker and smartphone music
$0
$350
food:
main meal
choice: bulk bought sandwiches affordable and easy to serve
$50
$300
pop
choice: 24 pack soda standard party drink
$10
$290
cake
choice: grocery store cake inexpensive
$20
$270
money left?
$270
you decide to buy some decorations with the money left over from your budget limit. how much can you spend?
enjoy your party!
money sense
mat2l

Explanation:

Step1: Identify initial budget

The initial budget is $350.

Step2: Calculate total cost of items already accounted for

The cost of main - meal is $50, pop is $10, and cake is $20. The total cost of these items is $50 + $10+ $20 = $80.

Step3: Calculate remaining budget

The remaining budget (amount available for decorations) is the initial budget minus the total cost of items already accounted for. So, $350−$80 = $270.

Answer:

$270