Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Complete the budget sheet and answer the questions Thank you so much i will be sure to upvote you once completed Three Months' Difference Difference
Complete the budget sheet and answer the questions Thank you so much
Three Months' Difference Difference Budget Category Groceries Utilities House Payment House Insurance Transportation Clothing Credit Card Payment Entertainment Dining Out Savings Miscellaneous Total Amount Budgeted $200.00 220.00 715.00 30.00 215.00 40.00 Monthly Budget Sheet for James and Shirley Jones April May June Actual Actual Actual Spent Difference Spent Difference Spent $195.00 $197.00 $206.00 235.00 225.00 210.00 715.00 715.00 715.00 30.00 30.00 35.00 205.00 212.00 210.00 25.50 45.00 48.00 100.00 40.00 50.00 200.00 100.00 100.00 56.70 42.85 200.00 89.80 100.00 43.25 61.95 180.00 107.90 100.00 30.00 51.85 200.00 93.45 1. What is the Jones' total amount budgeted? 2. What are the total expenditures for April? 3. What are the total expenditures for May? 4. What are the total expenditures for June? 5. Were they over or under their budget for April? By how much? 6. Were they over or under their budget for May? By how much? 7. Were they over or under their budget for June? By how much? 8. Were they over or under their budget for the three months combines? By how much? 9. For April, in which category did they differ most from their budgeted amount? By how much? 10. For May, in which category did they differ most from their budgeted amount? By how much? 11. For June, in which category did they differ most from their budgeted amount? By how much? 12. Over the entire three months, in which category did they differ most from their budgeted amount? By how much? 13. Why did the actual amount of their house payment not change? 14. Explain why the actual amount of their house insurance payment went up. 15. Do you have any advice for the Jones'? Why or why not i will be sure to upvote you once completed
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started