For the month of June, Mae Green budgeted the following amounts: $180 for food, $475 for rent, $15 for transportation, $50 for i
nsurance, $65 for utilities, $25 for a gift for her sister, $150 for a car payment, and $30 for clothing. She actually spent $182 for food, $475 for rent, $12 for transportation, $65 for insurance, $68 for utilities, $12.50 for the gift, $150 for the car payment, and $36 for clothing. Did Mae stay within the total amount allocated for her budget?
Eleanor Raymond works full time while her husband, Peter, attends college and works part time. Their income for the last two weeks consisted of an August 17 paycheck of Eleanor’s for $380.48, $16.50 for a birthday present Peter returned on August 19, Peter’s paycheck on August 21 for $120.00, Peter’s sale of some of his college textbooks on August 23 for $13.65, and a check from Peter’s father for $100.00 that arrived August 25. Record and total Eleanor and Peter’s income for this two-week period.
During the period of October 1 to 15, Cathy Powers spent the following: October 1, rent, $540; October 6, electricity, $48.55; October 7, food, $34.15; October 8, dinner at the China Palace, $12.80; October 12, blouse, $18.95; October 14, food, $38.60; October 15, magazine, $2.00, and batteries, $6.50. Make a cash record of her expenses and total them.
Marie Hernandez’s checking account balance is $250.65. She then writes check #346 on July 14 in the amount of $21.95 for a bathing suit. On July 16 she writes check #347 for $48.50 to cover her bus fare. Check #348 to the Sunset Motel is for $75.60. She deposits $55.00 on July 18 when she returns from her weekend vacation. Use the figure below to list all transactions and calculate Marie’s new balance.
Grace Peters spent $230 of her net income of $825 on food. What percent of her net income does the food represent? (Round your answer to the nearest tenth of a percent.)
