Question

business budget
this table summarizes budgeted and actual amounts for various business categories. it includes details on revenue sources, expenses, savings, transportation costs, and miscellaneous expenditures. the table shows differences between planned and actual amounts, offering insights into the businesss financial performance.
category description budgeted amount ($) actual amount ($) difference ($)
revenue product sales 5,000 5,200 - 200
revenue service income 2,000 2,100 100
expenses rent 1,000 1,000 0
expenses utilities (electricity) 200 210 - 10
expenses utilities (water) 100 90 10
expenses utilities (internet) 130 140 10
expenses office supplies 200 180 20
expenses marketing 500 450 50
expenses payroll 4,000 4,100 - 100
expenses travel 300 320 - 20
expenses training 200 190 10
savings emergency fund 500 500 0
savings expansion fund 1,000 1,000 0
transportation fuel 200 210 - 10
transportation maintenance 150 140 10
miscellaneous legal fees 300 290 10
miscellaneous misc. expenses 100 110 - 10
what is the total amount budgeted for transportation (fuel and maintenance)?
$350
$450
$400
$300

Explanation:

Step1: Locate fuel budget

Find the budgeted amount for fuel in the table, which is $200.

Step2: Locate maintenance budget

Find the budgeted amount for maintenance in the table, which is $150.

Step3: Calculate total transportation budget

Add the fuel and maintenance budgeted amounts: $200 + $150=$350.

Answer:

$350