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Pleasw determine weather he's spending over or under his budget and fill out the chart. Percent 7. Your monthly net income is $980. You allocate

Pleasw determine weather he's spending over or under his budget and fill out the chart.
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Percent 7. Your monthly net income is $980. You allocate 10 percent for clothing, 27 percent for transportation, 30 percent for groceries, 8 percent for entertainment, 5 percent for pocket money, and the remainder for savings. Your actual expenses for 2 months are shown. What is the dollar amount allocated for each expense? Find the difference between the actual amount spent and the amount budgeted? Are you spending over or under your budget? Budget - Act Item Monthly Budget Actual for Sept. Difference Actual for Oct. Difference 2 Months Combined Clothing 98 $ 75.00 23 $ 136.27 - 38.27 - 15.27 Transportation 0 250.00 275.68 -275.8) Groceries 294 324.50 275.61 - 355 Entertainment 79.4 121.60 1-43.2 65.32 Pocket Money 35.00 40 54.00 14 Savings 200.00 175.00 Totals 980

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