SOLUTION: Hi! Here's my question:
During the first three months of the fiscal year an operating department spent 90%, 105% and 120% respectively of its monthly budget which remained the s
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Question 1122217: Hi! Here's my question:
During the first three months of the fiscal year an operating department spent 90%, 105% and 120% respectively of its monthly budget which remained the same each month. If the budgeted amount totalled $252,000 for the 3 months, how much were expenditures budget estimates during the first month?
Thank you for your help!
Answer by greenestamps(13203) (Show Source): You can put this solution on YOUR website!
The budgeted amount for the three months was $252,000, with equal amounts each month. So what was the budgeted amount for each month?
If they spent 90% of the budgeted amount the first month, how much did they spend?
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