Household
medical
entertainment
loans
insurance
personal
misc.
$850
$210
$50
$43.12
$0
$125
$78
$62
totals:
$1,060
$50
$43.12
$0
$125
$78
$62
you recorded the actual expenses you incurred for a previous month in the above table. determine your monthly budget based on the expenses given.
a.
$1,418.12
c.
$1,153.12
b.
$1,278.12
d.
$1,110.12

Option a. 1,418.12 would be correct.

Step-by-step explanation:

You recorded the actual expenses you incurred for a previous months in the given table.

To determine your monthly budget we calculate actual expenses of previous months.

Expenses            Amount ($)            Total

Household          850.00               1060.00

Medical               210.00                    

Entertainment      50.00                    50.00

Loans                    43.12                     43.12

Insurance            125.00                   125.00

Personal               78.00                     78.00

Misc.                      62.00                    62.00

Total amount                                   $1,418.12

Therefore your monthly budget is $1,418.12 based on the expenses given.