student handout: unit 1 lesson 4\nplan a special event within a budget\nyou are planning a birthday party…

student handout: unit 1 lesson 4\nplan a special event within a budget\nyou 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.\nparty planner\ndate:\nlocation\nyour choice and why\ncost (show calculations)\nbudget: budget - cost= money left\nchoice: local park free and great outdoor\n$0\n$350\nentertainment\nchoice: bluetooth speaker and smartphone music\n$0\n$350\nfood:\nmain meal\nchoice: bulk bought sandwiches affordable and easy to serve\n$50\n$300\npop\nchoice: 24 pack soda standard party drink\n$10\n$290\ncake\nchoice: grocery store cake inexpensive\n$20\n$270\nmoney left?\n$270\nyou decide to buy some decorations with the money left over from your budget limit. how much can you spend?\nenjoy your party!\nmoney sense\nmat2l
Answer
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